Update: 28 September, 2023
ABB reported a 10% increase in orders and an 8% increase in revenues in the second quarter compared to the first quarter of 2002. ABB incurred $185 million in restructuring costs, asset write-downs, and charges in the first half of the year to improve the company's fundamentals. The company confirmed its full-year target of a 4 to 5 percent EBIT margin. First-half orders amounted to $11.9 billion, down 6% from the same period in 2001. Three divisions experienced order growth in the first half: Power Technology Products (8%), Automation Technology Products (3%), and Oil, Gas and Petrochemicals (6%).
File format: PDF
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MD5 Checksum: 2E9006013422F9D9C31D7F3B7DD7C327
Publication date: 22 March, 2012
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PDF Link: ABB Update english Q2_02 Manual PDF