ABB reported an operating profit ( “operational EBITA”) of $ 943 million for the first quarter of 2016 (949).
Analysts had on average expected 896 million dollars, according to SME Direkt survey.
revenue amounted to $ 7.903 billion (8555), compared with analysts’ expectations of $ 7.97 billion.
the order intake limit of $ 9.253 billion (10 404) . SME forecast at this point were at $ 8.698 billion.
Base orders unchanged
ABB basorderingång (orders worth less than $ 15 million) was on the same level during the first quarter of 2016 to the corresponding period last year in local currency, after a decline of 6 percent in the next quarter.
the Group’s total order intake fell by 7 percent.
” our stable basorderingång and a quota booked orders / sales of 1.17 shows that our focus on organic growth and new market organization provides results in these challenging markets, “writes ABB president Spiesshofer in the report.
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