Press releases worldwide
ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 25, 2021. The invitation can be found below and on ABB’s investor relations website at www.abb.com/agm. Due to the extraordinary circumstances and in […]
ABB Ltd published its 2020 annual report on its website and filed the annual report on Form 20-F with the United States Securities and Exchange Commission The 2020 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive information […]
FOURTH QUARTER 2020 HIGHLIGHTS Orders $7.0 billion, +2%; comparable -1%1 Revenues $7.2 billion, +2%; comparable 0% Income from operations $578 million; margin 8.0% Operational EBITA1 $825 million; margin1 11.5%, including a combined impact of 80 basis points from the full […]
. ABB announced today that Carolina Granat is to succeed Sylvia Hill as Chief Human Resources Officer and member of the Executive Committee, effective January 1, 2021. Granat currently serves as ABB’s Global Head of People Development, prior to which […]
ABB will be hosting its Capital Markets Day today, November 19, starting 11.30 am CET, at which CEO, Björn Rosengren, and CFO, Timo Ihamuotila, as well as the four business area Presidents, will give an update on the recent strategic […]
On November 4, 2020, ABB held 109,359,211 of its own shares, which corresponds to 5.04 percent of total share capital and voting rights in the company. This includes 89,326,859 shares purchased for capital reduction purposes as part of its share […]
Following the completion of the divestment of its Power Grids business to Hitachi on July 1, 2020, and consistent with its overall capital structure optimization program, ABB will launch its previously announced share buyback program on July 23, 2020. As […]
As of August 1, 2020, Theodor Swedjemark (40) will join the Executive Committee of ABB as the company’s Chief Communications Officer. Swedjemark has held the position on an interim basis since March 1, 2020. Swedish-national Swedjemark has been at ABB […]
Orders $6.1 billion, -18%; comparable -14%1 Revenues $6.2 billion, -14%; comparable -10% Income from operations $571 million; margin 9.3% Operational EBITA1 $651 million; margin1 10.6% Net income $319 million, +398%2 Basic EPS $0.15, +398%3; operational EPS1 $0.22, -35% Cash flow […]