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:
AQ Group AB
sales of 3.29 billion Swedish Kronor [US$373.82 million]
Smiths Group PLC
of the United Kingdom
(£2.95 billion [US$3.68 billion]
of which 30%
was Smith Medical), and
based in Croatia
(2.85 billion Croatian Kuna [US$415.73 million]
ABB Limited reported sales of 33.65 billion Swiss Francs (US$33.96 billion)
December of 2016.
decrease of 1.9%
versus 2015, when the company's sales were 34.30 billion Swiss Francs.
The sales level in 2016 was fairly close to the level five years ago: in 2011, ABB Limited had sales
of 33.39 billion Swiss Francs.
Contributing to the drop in overall sales was the 1.4% decline
in Discrete Automation and Motion, from 8.19 billion Swiss Francs to 8.08 billion Swiss Francs.
However, these declines were partially offset by the increase in sales of
Power Grids (up 27.8% to 10.29 billion Swiss Francs)
Electrification Products (up 44.4% to 8.65 billion Swiss Francs)
Process Automation (up 6.0% to 6.38 billion Swiss Francs)
Corporate/other (up 0.8% to 58.33 million Swiss Francs)