Q3 2024 Abb Ltd Earnings and to Discuss Initial Perspectives with New CEO Call Transcript

Oct 17, 2024 / 08:00AM GMT

Release Date Price: CHF50.34 (+2.42%)

Transcript

Ann;Sofie Nordh

Abb Ltd - Head of Investor Relations

Greetings to you all, and welcome to this presentation of ABB's third-quarter results. Next to me here is, for the first time, our new CEO, Morten Wierod; and our CFO, Timo Ihamuotila. I'm Ann-Sofie Nordh, Head of Investor Relations.

This time, we're going to do things somewhat differently. We'll first do the usual results presentation but with a slightly shorter Q&A. And after that, Morten here will talk through his initial perspectives following his first couple of months as CEO. After that, we open up for another round of Q&A. So you will get the chance to put your non-quarter-related questions to both of them.

We aim to be finished in about 1.5 hours from now. And with that said, let's get this started. And I hand over to you, Morten.

Morten Wierod

Abb Ltd - Chief Executive Officer, Member of the Executive Committee

Thanks, Ann-Sofie, and a warm welcome to all also from my side. Let's start with a summary and the very short version of the quarter is that we

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