ABB reports 2018 growth with orders up 8% and Robotics & Motion strength
Evidence notes
- ABB's full-year 2018 orders reached approximately 28.590 billion USD, marking an 8% increase.
- Revenues for ABB in 2018 totaled about 27.662 billion USD, with a 10.9% operational EBITA margin.
- ABB is a global leader in industrial automation and robotics, with one of the largest installed bases of industrial robots worldwide.
Company context
ABB is a publicly listed electrification and automation group. It currently owns ABB Robotics, whose signed sale to SoftBank remains pending, while Machine Automation continues inside ABB's Automation business.