ABB Ltd (XSWX:ABBN)

CHF 47.41 -0.24 (-0.5%) Market Cap: 87.64 Bil Enterprise Value: 90.35 Bil PE Ratio: 27.39 PB Ratio: 7.75 GF Score: 82/100

Q1 2024 Abb Ltd Earnings Call Transcript

Apr 18, 2024 / 08:00AM GMT

Release Date Price: CHF44.33 (+6.26%)

Transcript

Ann;Sofie Nordh

ABB Ltd - Group Senior VP & Head of IR

Greetings to you all, as I welcome you to this presentation where we will talk through ABB's results for the first quarter. I'm Ann-Sofie Nordh, Head of Investor Relations. And next to me here is our CEO, Bjorn Rosengren; and CFO, Timo Ihamuotila. They will take you through the presentation before we open up for questions. But before we begin, I should mention the information regarding safe harbor notices on our use of non-GAAP measures on Slide 2 of the presentation. This call includes forward-looking statements based on the company's current expectations and assumptions, which are subject to risks and uncertainties.

And with that said, I will kick off the presentation, and I hand over to you, Bjorn.

Bjorn Klas Otto Rosengren

ABB Ltd - CEO

Thank you, Ann-Sofie, and a warm welcome from me as well. Let's summarize the quarter on Page 3. The year got off to a good start with orders at $9 billion. This is one of the strongest quarters for ABB. Both Electrification and Motion

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