ABB Ltd (OTCPK:ABBNY)

$ 54.27 0.39 (0.72%) Market Cap: 100.37 Bil Enterprise Value: 102.68 Bil PE Ratio: 27.83 PB Ratio: 8.20 GF Score: 76/100

Q1 2023 Abb Ltd Earnings Call Transcript

Apr 25, 2023 / 08:00AM GMT

Release Date Price: $36.64 (+2.81%)

Transcript

Ann;Sofie Nordh

ABB Ltd - Group Senior VP & Head of IR

Greetings to you all and nice to connect again as I welcome you to the presentation of our first quarter results. I'm Ann-Sofie Nordh, Head of Investor Relations. And next to me here is our CEO, Bjorn Rosengren; and our CFO, Timo Ihamuotila. They will take you through the presentation as per normal before we open up for the Q&A session. But before we begin, I should mention the information regarding safe harbor notices on our use of non-GAAP measures on Slide 2 of the presentation. Also, I should mention that this call will include forward-looking statements, which are based on the company's current expectations and certain assumptions and are therefore subject to risks and uncertainties.

And with that said, I hand over to you, Bjorn and Timo, for your quarterly comments before we do the Q&A.

Bjorn Klas Otto Rosengren

ABB Ltd - CEO

Thank you, Ann-Sofie. And a warm welcome from me as well. The first quarter was strong for us. Almost everything went our way, and we

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