ABB Limited operates in the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ABB Limited with three other
power transmission equipment manufacturers in North America:
sales of $1.06 billion
of which 51%
of which 35%
was Electrical products), and
Powell Industries, Inc.
ABB Limited reported sales of $34.04 billion
December of 2016.
decrease of 4.3%
versus 2015, when the company's sales were $35.57 billion.
Contributing to the drop in overall sales was the 3.8% decline
in Discrete Automation and Motion, from $8.49 billion to $8.17 billion.
There were also decreases in sales in
Corporate/other (down 1.7% to $59.00 million)
However, these declines were partially offset by the increase in sales of
Power Grids (up 24.6% to $10.41 billion)
Electrification Products (up 40.8% to $8.74 billion)
Process Automation (up 3.4% to $6.45 billion)