Trade ABB Ltd - CHF - ABBN CFD

ABBN - CHF Company profile

About ABB Ltd

Abb Ltd is a holding company. The Company's segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure. The Electrification Products segment manufactures and sells products and services including low and medium-voltage switchgear, breakers, switches and control products. The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives and robots and robotics. The Industrial Automation segment develops and sells control and plant optimization systems, and automation products and solutions. The Power Grids segment supplies power and automation products, systems, and service and software solutions.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, ABB Ltd revenues increased 11% to $28.95B. Net income before extraordinary items increased from $294M to $4.63B. Revenues reflect Electrification segment increase of 12% to $12.96B, Motion segment increase of 9% to $6.47B, Industrial Automation segment increase of 9% to $6.21B, China segment increase of 21% to $4.93B, Europe segment increase of 8% to $10.53B, Asia.

Equity composition

21 November 2003: Rights Issue of 7 new shares for every 10 shares held @ CHT4.00 plus 840,006,602 additional shares. 7 May 2001: Stock Split in the ratio 1:4. 1999: Capital restructuring where all A- and B-Shares canceled and new Common Stock Issued. 1996: All BBC-Shares Cancelled.