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 Europe:
Smiths Group PLC
of the United Kingdom
(2017
sales of £3.28 billion [US$4.25 billion]
of which 29%
was Smith Medical),
AQ Group AB
of Sweden
(4.02 billion Swedish Kronor [US$442.69 million]
of which 78%
was Components), and
Bavaria Industries Group AG
which is
based in Germany
(504.52 million Euro [US$572.02 million]
).
Sales Analysis.
ABB Limited reported sales of 33.50 billion Swiss Francs (US$33.30 billion)
for the
year ending
December of 2017.
This
represents
a
decrease of 0.5%
versus 2016, when the company's sales were 33.65 billion Swiss Francs.
The sales level in 2017 was fairly close to the level five years ago: in 2012, ABB Limited had sales
of 36.53 billion Swiss Francs.
Contributing to the drop in overall sales was the 5.6% decline
in Power Grids, from 10.29 billion Swiss Francs to 9.71 billion Swiss Francs.
There were also decreases in sales in
Robotics and Motion (down 4.3% to 7.73 billion Swiss Francs)
.
However, these declines were partially offset by the increase in sales of
Electrification Products (up 8.8% to 9.40 billion Swiss Francs)
and
Industrial Automation (up 3.4% to 6.59 billion Swiss Francs)
and
Corporate/other (up 253.0% to 205.90 million Swiss Francs)
.