ABB - 4th quarter and full year 2018Solid growth and lower profit
ABB has now announced its figures for the 2018 financial year: With growth of 8% in order intake and 4% in sales, Group management is very satisfied.
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Divisional performance in Q4 2018: All three divisions recorded an increase in incoming orders: Incoming orders for electrification products increased by 2% (23% in US dollars). Industrial Automation recorded an increase of 8% (4% in US dollars) compared to the same period of the previous year. And the Robotics and Drives division continued to record good order momentum. Total orders increased by 11% (7% in US dollars).
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