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:
Koncar-Elektroindustrija d.d.
of Croatia
(2016
sales of 2.85 billion Croatian Kuna [US$431.05 million]
),
Bavaria Industries Group AG
of Germany
(761.61 million Euro [US$854.77 million]
of which 46%
was Serie/Automotive), and
Smiths Group PLC
which is
based in the United Kingdom
(£2.95 billion [US$3.82 billion]
of which 30%
was Smith Medical).
Sales Analysis.
ABB Limited reported sales of 33.65 billion Swiss Francs (US$34.59 billion)
for the
year ending
December of 2016.
This
represents
a
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)
and
Electrification Products (up 44.4% to 8.65 billion Swiss Francs)
and
Process Automation (up 6.0% to 6.38 billion Swiss Francs)
and
Corporate/other (up 0.8% to 58.33 million Swiss Francs)
.