ABB: Q1 2021 Results
Strong start to the year
Orders $7.8 billion, +6%; comparable1 +1%
Revenues $6.9 billion, +11%; comparable +7%
Income from operations $797 million; margin 11.5%
Operational EBITA1 $959 million; margin1 13.8%
Basic EPS $0.25; +41%2
Cash flow from operating activities $543 million; cash flow from operating activities in continuing operations $523 million
ZURICH--(BUSINESS WIRE)--ABB (ABBN: SIX Swiss Ex):
KEY FIGURESCHANGE
($ millions, unless otherwise indicated)
Q1 2021
Q1 2020
US$
Comparable1
Orders
7,756
7,346
6
%
1
%
Revenues
6,901
6,216
11
%
7
%
Gross Profit
2,268
1,910
19
%
as % of revenues
32.9
%
30.7
%
+2.2 pts
Income from operations
797
373
114
%
Operational EBITA1
959
636
51
%
40
%3
as % of operational revenues 1
13.8
%
10.2
%
+3.6 pts
Income from continuing operations, net of tax
551
326
69
%
Net income (loss) attributable to ABB
502
376
34
%
Basic earnings per share ($)
0.25
0.18
41
%2
Cash flow from operating activities4
543
(577
)
n.a.
Cash flows from operating activities in continuing operations
523
(396
)
n.a.
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