Abb Ltd (Adr) ( (ABBNY) ) has released its Q4 earnings. Here is a breakdown of the information Abb Ltd (Adr) presented to its investors.
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ABB Ltd, a global technology leader in electrification and automation, supports industries in achieving higher efficiency and sustainability through advanced engineering and digitalization solutions. The company’s latest earnings report highlights a strong performance in Q4 2024, with significant growth in orders and revenues, driven by its Electrification business. Orders reached $8.1 billion, marking a 6% year-on-year increase, while revenues rose by 4% to $8.6 billion. Despite a 19% decline in cash flow from operating activities, the company maintained a solid operational EBITA margin of 16.7%.
ABB Ltd’s full-year results for 2024 also depict a successful year, with revenues climbing to $32.9 billion, a 2% increase from the previous year. Operational EBITA saw a notable rise of 10%, reaching $5,968 million. The Electrification segment led the growth, showing a 19% increase in operational EBITA. The company announced a dividend proposal of CHF 0.90 per share, reflecting confidence in its financial health.
The company made strategic acquisitions during the year, which are expected to contribute approximately $200 million in annual revenues. ABB continues to invest in technology startups, focusing on industrial simulation software and real-time analytics, which align with its R&D efforts. The launch of ABB Ability™ Genix Copilot, a generative AI solution, exemplifies the company’s commitment to innovation.
As ABB moves into 2025, it remains optimistic about further progress, with expectations of mid-single-digit revenue growth and stable operational EBITA margins. The company plans to continue its share buyback program and pursue acquisitions to enhance its market position, despite some market uncertainties and currency fluctuations.
In conclusion, ABB Ltd has demonstrated resilience and growth through strategic initiatives and technological advancements. The management remains focused on driving the ABB Way operating model to enhance accountability and efficiency, positioning the company for sustained profitability and market leadership in the coming year.
