Strong performance in a recovery quarter
Orders $8.0 billion, +32%; comparable1 +24%
Revenues $7.4 billion, +21%; comparable +14%
Income from operations $1,094 million; margin 14.7%
Operational EBITA1 $1,113 million; margin1 15.0%
Basic EPS $0.37; +150%2
Cash flow from operating activities and from operating activities continuing operations was $663 million
ZURICH--(BUSINESS WIRE)--ABB (SWX:ABBN):
Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
KEY FIGURES |
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CHANGE |
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CHANGE |
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($ millions, unless otherwise indicated) |
Q2 2021 |
Q2 2020 |
US$ |
Comparable1 |
H1 2021 |
H1 2020 |
US$ |
Comparable1 |
|||||||||
Orders |
7,989 |
6,054 |
32% |
24% |
15,745 |
13,400 |
18% |
11% |
|||||||||
Revenues |
7,449 |
6,154 |
21% |
14% |
14,350 |
12,370 |
16% |
11% |
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Gross Profit |
2,508 |
1,987 |
26% |
|
4,776 |
3,897 |
23% |
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as % of revenues |
33.7% |
32.3% |
+1.4 pts |
|
33.3% |
31.5% |
+1.8 pts |
|
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Income from operations |
1,094 |
571 |
92% |
|
1,891 |
944 |
100% |
|
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Operational EBITA1 |
1,113 |
651 |
71% |
59% 3 |
2,072 |
1,287 |
61% |
50% 3 |
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as % of operational revenues 1 |
15.0% |
10.6% |
+4.4 pts |
|
14.4% |
10.4% |
+4 pts |
|
|||||||||
Income from continuing operations, net of tax |
789 |
395 |
100% |
|
1,340 |
721 |
86% |
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Net income (loss) attributable to ABB |
752 |
319 |
136% |
|
1,254 |
695 |
80% |
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Basic earnings per share ($) |
0.37 |
0.15 |
150%2 |
|
0.62 |
0.33 |
91%2 |
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Cash flow from operating activities4 |
663 |
680 |
-3% |
|
1,206 |
103 |
n.a. |
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Cash flows from operating activities in continuing operations |
663 |
648 |
2% |
|
1,186 |
252 |
n.a. |
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