Q2 2024 Abb Ltd Earnings Call Transcript

Jul 18, 2024 / 08:00AM GMT
Ann-Sofie Nordh - ABB Ltd - Head of Investor Relations

Presentation, where we will talk through ABB's results for the second quarter. I'm Ann-Sofie Nordh, Head of Investor Relations. And next to me here today is our CFO, Timo Ihamuotila, and for the last time also our CEO, Björn Rosengren. They will take you through the presentation, after which we as usual open up for the Q&A session.

Before we begin, though, I should mention the information regarding safe harbor notices and our use of non-GAAP measures on slide 2, and this call includes forward-looking statements, which are subject to risks and uncertainties. And with that said.

Bjorn Rosengren - ABB Ltd - Chief Executive Officer, Member of the Executive Committee

Thank you, Anssi, and a warm welcome from me as well. Let's start on slide 3 with the summary. The quarter developed pretty much as planned, except for a couple of areas. First, the record high operational EBITDA margin of 19% is better than we originally expected. This was driven by strong performance in three out of

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot