New ABB: focus, simplify, lead
Focused portfolio: Divestment of Power Grids to Hitachi well on track
Simplified structure: New operating model “ABB-OS™” for enhanced customer focus, agility and profitability; ~$500 million annual savings
Four new leading businesses, #1 or #2 in their respective markets, effective April 1, 2019 with
new medium-term business operational EBITA margin target corridors of:
- Electrification: 15-19 percent
- Industrial Automation: 12-16 percent
- Motion: 14-18 percent
- Robotics & Discrete Automation: 13-17 percent
Medium-term group targets confirmed:
- 3-6 percent annual comparable revenue growth
- Operational EBITA margin of 13-16 percent
- Return on Capital Employed (ROCE) of 15-20 percent
- Cash conversion to net income of approximately 465 qhliyvi
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