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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact +41 43 317 71 11
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

Q1 2020 results

(PresseBox) (Zurich, Switzerland, )
COVID-19 impacts results; weighs on outlook


Orders $7.3 billion, -4%; comparable +1%
Revenues $6.2 billion, -9%; comparable -7%1
Income from operations $373 million; margin 6.0%
Operational EBITA1 $636 million; margin1 10.2%, including 30 basis points stranded costs
Net income $376 million, -30%
Basic EPS $0.18, -30%2; operational EPS1 $0.30, -2%
Cash flow from operating activities -$577 million


“The COVID-19 pandemic impacted our first quarter results, lowering revenues and operating margins in all our businesses, although order growth held up well. We are doing our utmost to ensure the health and safety of our employees while maintaining business continuity, serving our customers and continuing to invest uy H&U yhj srk nlrq-qlha,” gyfa Fxigg Epwfprqdx, REB dz UFF.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.