Highlights 2017

Transition year delivers streamlined and strengthened portfolio and operations:

  • B&R, Keymile acquisitions completed
  • GE Industrial Solutions acquisition signed
  • High-voltage cables and cables accessories divested, two joint ventures signed for EPC activities
  • Business model change for EPC in Power Grids, Robotics and Motion and Industrial Automation under way

Four consecutive quarters of increasing base-order growth(3);

the momentum built in 2017 positions ABB for profitable growth as the global markets are improving

Continued momentum in operational excellence

through successful cost savings program and strong net working capital management

ABB Ability™ drives growth across all divisions

 with more than 210 solutions launched in 2017

Net income increases 17 percent in 2017 to $2,213 million; 

Basic earnings per share(1) also increases 17 percent to $1.04

Board proposes ninth consecutive dividend increase

to CHF 0.78 per share

Key Figures

$ in millions, unless otherwise indicated

2017

2016

(1)

Earnings per share growth are computed using unrounded amounts.

(2)

For non-GAAP measures, see the “Supplemental information” section of this annual report.

(3)

On a comparable basis, see the “Supplemental information” section of this annual report.

Orders

33,387

33,379

Revenues

34,312

33,828

Operational EBITA(2)

4,130

4,191

as % of operational revenues

12.1%

12.4%

Net Income

2,213

1,899

Basic EPS ($)

1.04

0.88

Operational EPS ($)(2)

1.25

1.29

Cash flow from operating activities

3,799

3,843

Free cash flow(2)

2,926

3,065

2017
Orders by region

Europe, 35%
Americas, 29%
AMEA(1), 36%

(1) Asia, Middle East and Africa

Revenues 2017 by division (circle/line chart)
Service and other revenues as % of total revenues 2017 (circle/line chart)
Employees by division 2017 (circle/line chart)
2015-2017
Free cash flow and conversion rate
2015-2017 – Free cash flow and conversion rate (bar chart)
2009-2017
Dividend payout

(CHF per share)

2009-2017 – Dividend payout (CHF per share) (bar chart)

(1) proposed