ABB Ltd (CHIX:ABBNz)
CHF 50.26 -0.28 (-0.55%) Market Cap: 93.21 Bil Enterprise Value: 95.87 Bil PE Ratio: 29.14 PB Ratio: 8.25 GF Score: 74/100

Abb Ltd Annual Shareholders Meeting Transcript

Mar 23, 2023 / 09:00AM GMT
Release Date Price: CHF30.73 (-0.39%)
Peter Robert Voser
ABB Ltd - Independent Chairman of the Board

[Interpreted] Dear shareholders, ladies and gentlemen, welcome to our Annual General Meeting here in Zurich-Oerlikon. (foreign language) Mr. Voser said in Swiss German. This location, ladies and gentlemen, represents true industrial heritage. This whole, whole 550 used to be a production site of machine in fabric Oerlikon, Swiss engineering company, which was later taken over by BBC, the Brown, Boveri company in 1967.

Take a look at the ceiling and the wall. Take a look at the infrastructure. This is -- this is true history. This represents heavy industry, locomotives, generators of power plants and similar solid products were manufactured here.

In 1988, BBC merged with the Swedish Asea, which made up the ABB Company as we know it today. Now of course, in the meantime, the product portfolio has changed quite a bit. You'll hear more about this in a moment. I would also like to warmly welcome everyone following our meeting via the Internet. Likewise, I am pleased to welcome my colleagues from the Board of Directors who are

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