ABB Press Release - Q1 2021 results: Strong start to the year Dienstag, 27. April 2021 - 06:51
ZURICH, SWITZERLAND, APRIL 27, 2021
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 $523 million
KEY FIGURES |
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($ millions, unless otherwise indicated) | Q1 2021 | Q1 2020 | US$ | Comparable1 |
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Orders | 7,756 | 7,346 | 6% | 1% |
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Revenues | 6,901 | 6,216 | 11% | 7% |
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Gross Profit | 2,268 | 1,910 | 19% |
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as % of revenues | 32.9% | 30.7% | +2.2 pts |
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Income from operations | 797 | 373 | 114% |
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Operational EBITA1 | 959 | 636 | 51% | 40% 3 |
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as % of operational revenues 1 | 13.8% | 10.2% | +3.6 pts |
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Income from continuing operations, net of tax | 551 | 326 | 69% |
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Net income (loss) attributable to ABB | 502 | 376 | 34% |
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Basic earnings per share ($) | 0.25 | 0.18 | 41%2 |
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Cash flow from operating activities4 | 543 | (577) | n.a. |
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Cash flows from operating activities in continuing operations | 523 | (396) | n.a. |
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1 | For a reconciliation of non-GAAP measures, see "supplemental reconciliations and definitions" in the attached Q1 2021 Financial Information. |
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2 | EPS growth rates are computed using unrounded amounts. |
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3 | Constant currency (not adjusted for portfolio changes). |
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4 | Amount represents total for both continuing and discontinued operations. |
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Click | to download the press release | |
Click | to download the financial information | |
Click | to download the financial information (unaudited) excel format |
Sincerely,
ABB Investor Relations