ABB’s Post

ABB'𝐬 𝐐2 2024 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: Record Operational EBITA Margin ABB has posted impressive Q2 2024 results, showcasing robust performance and growth: Operational EBITA Margin: Reached a record-high of 19.0% in Q2 Orders: $8,435 million Revenues: $8,239 million Income from Operations: $1,376 million Cash Flow: $1,067 million, up 40% CEO Bjorn Rosengren emphasized the success of the #ABB Way, contributing to sustained operational excellence and profitability. Looking ahead, ABB anticipates a sequentially higher growth rate in comparable revenues and an Operational EBITA margin around 18.5%, or slightly below, for Q3 2024. ABB remains committed to enabling a low-carbon society and driving innovation in energy-efficient solutions. For more details, read the full report.

ABB publishes its Q2 2024 #financial statements claiming its demand was solid and a high operational EBITDA margin of 19%. --> Q2 2024 #orders amounting to USD 8 432 million, down 3% year-on-year ( 0 % comparable). --> Q2 2024 #revenues are USD 8 239 million, UP 1% year-on-year (4% change comparable). --> Q2 2024 Gross #profit is USD 3 174 million, UP 10% compared to last year's gross profit.

Exciting update! Our Q1 2024 results are in: These milestones signal our ongoing growth and commitment to excellence. #ABB #BusinessSuccess #Q12024 #Growth 💡Learn more: https://bit.ly/3w0tKG3

Discover in the 2023 #ABB Report "Value of Reliability" what the budget implications of outages are for different industries #reliability ABB Motion #ABBMotionServices https://lnkd.in/gkPQFgKM

#Reliability means results. That's the #ABB outcome. Unplanned downtime is costly. Explore operational and maintenance possibilities with products and services that you can rely on. 🔗 https://lnkd.in/gTkStBgs

Unplanned downtime in the industry worldwide costs approximately $1.5 trillion USD annually, according to a study by Siemens subsidiary Senseye. The principle of "small cause, big effect" applies: In an increasingly interconnected and process-optimized production environment, even the failure of a single, seemingly insignificant machine can negatively affect the entire value chain. And in the worst case, bring it to a complete stagnation. The consequences go far beyond the directly calculable production downtime: downtime means production loss and, potentially, revenue loss if demand cannot be met. Read more about it in our blog “Peak Performance Instead of Downtime: How to Improve Your Productivity with the KUPER Service Agreement” https://hubs.la/Q02ytQHL0

Chart of the Day: (05/15/24) Eaton Corporation:  Open position: 3.1% ACB: $292.30 Stop: $303.45 Eaton Corp. (ETN) is a leading diversified industrial manufacturer of electrical control products, aerospace systems, and automotive systems. ETN boasts a strong earnings profile and features a high Earnings Per Share growth trajectory on the back of demand for data center infrastructure. Our obsession to electrify the world is a great boost for copper players and electric equipment companies which provide the picks and shovels (i.e. wires, conduits, etc.) ETN is in an uptrend above 4 rising moving averages. Its loss of momentum recently (RSI in upper pane) is likely due to overall index weakness. Our current stop on this position is at the rising 65 EMA at $303.45 which can be adjusted based on market conditions.

"If industry wants to embrace meaningful improvements that make a difference to headline performance and reduces emissions it must embrace automation and digitalization" says Barbara Frei, EVP Industrial Automation, in her latest conversation with Forbes. Read the full article here http://spr.ly/6000bID9e

"If industry wants to embrace meaningful improvements that make a difference to headline performance and reduces emissions it must embrace automation and digitalization" says Barbara Frei, EVP Industrial Automation, in her latest conversation with Forbes. Read the full article here http://spr.ly/6000bID9e

"If industry wants to embrace meaningful improvements that make a difference to headline performance and reduces emissions it must embrace automation and digitalization" says Barbara Frei, EVP Industrial Automation, in her latest conversation with Forbes. Read the full article here http://spr.ly/6000bID9e