Highlights

Record orders – above $40 billion for the first time ever – and revenues at $38 billion

Baldor acquisition contributed almost $400 million to operational EBITDA

Net income up 24 percent to more than $3 billion; Board proposes 8 percent increase in dividend to 0.65 Swiss francs per share

ABB’s balance sheet remains one of the strongest in the sector

Costs reduced by a further $1.1 billion more than offset weaker markets while funding additional investment in sales as well as research and development

New strategy and financial targets for 2011–2015 unveiled in November to tap profitable growth from major trends such as urbanization, population growth, digitization and electrification

(XLS:)

Total ABB Group ($ millions unless otherwise indicated)

 

2011

2010

1)

Please refer to the "Investor information" section for a definition of operational EBITDA, free cash flow and cash return on invested capital.

Orders

40,210

32,681

Revenues

37,990

31,589

Earnings before interest and taxes (EBIT)

4,667

3,818

as % of revenues

12.3%

12.1%

Operational EBITDA1)

6,014

4,824

as % of operational revenues

15.8%

15.3%

Net income (attributable to ABB)

3,168

2,561

Basic earnings per share ($)

1.38

1.12

Dividend per share in CHF (proposed for 2011)

0.65

0.60

Cash flow from operating activities

3,612

4,197

Free cash flow1)

2,593

3,397

as % of net income

82%

133%

Cash return on invested capital1)

14%

21%

Number of employees

133,600

116,500

Share of divisional revenue 2011
Share of divisional revenue 2011 (pie chart)
Share of divisional operational EBITDA 2011
Employees 2011 (pie chart)
Employees 2011
Emerging vs mature market orders 2011 (pie chart)
Orders 2011 by region
Share of divisional operational EBITDA 2011 (pie chart)
Emerging vs mature market orders 2011
Orders 2011 by region (pie chart)
Dividend payout in respect of 2005–2011 (CHF per share)
Dividend payout in respect of 2005–2011 (CHF per share) (bar chart)

(* proposed)

© Copyright 2012 ABB.