Zurich, Switzerland, October 25, 2012 - ABB reported steady orders and higher revenues (2) in the third quarter of 2012 despite a challenging macroeconomic environment,
Steady top line growth in a mixed market -Orders and revenues increased1, orders steady to higher in all regions
Top-line growth in a challenging environment - Orders up 2% (unchanged organic), revenues up 8% (6% organic) vs Q1 2011 - Order backlog at a near-record $29.9 billion - Operational EBITDA3 7% lower on negative mix and pricing
Licensing agreement to Utilize the Blink® EV Charging Network includes additional venture capital investment in ECOtality
ABB reports solid fourth quarter performance, 2011 net income up 24%
ABB reported a 24-percent increase in operational EBITDA in the third quarter on double-digit revenue growth compared with the third quarter of last year.
ABB reported a 43-percent increase in second-quarter net income to $893 million amid strong industrial growth, higher earnings in the Power Systems division and the contribution from recent acquisitions, especially Baldor Electric.
Rapid growth of electric vehicle (EV) fleet drives demand for fast-charging solutions
A $1 million gift to the University of Arkansas - Fort Smith Foundation from Baldor, a member of the ABB Group - has been given in honor of John McFarland’s 41 years of service to Baldor Electric Co.
June 2011 marks an important milestone for the energy efficiency of low-voltage (LV) motors in Europe.
Major stake in Validus DC Systems provides innovative electrical distribution technology that lowers total facility costs by up to 30%
2011 attendance breaks all prior event records, reflects growing optimism throughout process and power industries
Orders up 25%1 (19% organic2); 18% revenue growth (12% organic) at two-year high
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Zurich, Switzerland, Feb. 17, 2011 – ABB reported strong order growth in the fourth quarter of 2010 and higher revenues driven by strong industrial demand for energy efficiency and improved productivity as well as
Zurich, Switzerland, January 27, 2011 – ABB Ltd (NYSE: ABB), the leading power and automation technology group today announced that it has completed its acquisition of Baldor Electric Company (NYSE: BEZ), a North American leader in industrial motors.
Agreed transaction: ABB and Baldor announce a recommended offer for ABB to acquire Baldor for $63.50 per share, an overall transaction value of $4.2 billion, including net debt of $1.1 billion.
- Orders up 18% on industrial recovery and large power order
- Revenues positive after five quarters of decline
- Operational EBIT margin2 up to 14.0% as cost take-out delivers further benefits
ABB’s orders grew 5 percent in the second quarter of 2010, led by increases of more than 20 percent in each of the company’s automation divisions on the strength of the global economic recovery.
Hundreds of customers from metro Milwaukee signed up to see show, venue, and attend technical workshops
* Orders down 19%, but base orders indicate negative trends are reversing * Revenues 11 percent lower, reflecting 2009 order declines * EBIT at $709 million, down approximately $150 million * Cash from operations improved by more than $500 million
ABB’s “Best Show on Earth” – and You’re Invited! May 18-20, 2010 at the George R. Brown Convention Center in Houston, Texas. More than 4,000 people will gather from 40 countries for the largest ABB customer event in the world.
.In modern industrial automation applications, small PLC solutions often are ideal -- particularly as part of a stand-alone environment. With the introduction of the AC500-eCo, ABB has added such a product to the AC500 family.
2010-03-08 - The CM-MPN family of 3-phase voltage monitors offer a new cost effective, feature rich, solution for protection of rotation sensitive three phase equipment.
The acquisition strengthens ABB’s offering within machine safety and low-voltage products.
The electrical industry’s first current limiting, touch safe, fully coordinated UL 67 Panelboard