ABB Ltd (XTER:ABJ)
€ 92.08 +1.84 (+2.04%) Market Cap: 168.33 Bil Enterprise Value: 171.54 Bil PE Ratio: 39.31 PB Ratio: 13.32 GF Score: 84/100

Q4 2018 Abb Ltd Earnings Pre-Recorded Presentation Transcript

Feb 28, 2019 / NTS GMT
Release Date Price: €17.4 (-2.38%)
Ulrich Spiesshofer
ABB Ltd - President & CEO

Today, on the one hand, we are sharing with the world our results for 2018, solid growth of ABB. And second, we're giving an update on our strategy and the roadmap to the future.

2018 was a year of solid growth for ABB. And I'm really happy to report that the company is back on the growth path. All the numbers that I will be talking about are impacted by the move of Power Grids into discontinued operations following the announcement of the transaction with Hitachi on the 17th of December.

When we look at the growth momentum, we grew, for the full year, orders by 8% and revenue by 4%, which is a real clear demonstration that our value proposition, our investment in innovation and in people and in products is working. We grew all around the world in all of the regions and we also grew in all of our businesses.

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