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Earnings Call Summary | ABB LTD SPON ADR EACH REP 1 ORD SHS(ABBNY.US) Q1 2024 Earnings Conference

Earnings Call Summary | ABB LTD SPON ADR EACH REP 1 ORD SHS(ABBNY.US) Q1 2024 Earnings Conference

業績電話會議摘要 | ABB LTD SPON ADR 每位代表 1 ORD SHS (ABBNY.US) 2024 年第一季度業績會議
富途資訊 ·  04/24 06:00  · 電話會議

The following is a summary of the ABB, Ltd. (ABBNY) Q1 2024 Earnings Call Transcript:

以下是ABB有限公司(ABBNY)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • ABB Q1 2024 orders reached a record of $9 billion, driven by performances from Electrification and Motion divisions, despite a decrease in Process Automation.

  • Operational EBITDA margin has also achieved a new high of 17.9%, predominantly propelled by successes in the Electrification and Process Automation sectors.

  • Cash flow remains at a robust level of $550 million and the company predicts its free cash flow for 2024 will be similar to 2023.

  • Despite a softening in short-cycle business, gross margins have seen improvement, particularly in the large motors and generators division, ranging between 10% and 15%.

  • 儘管過程自動化有所下降,但受電氣化和運動部門的業績推動,ABB 2024年第一季度的訂單仍達到創紀錄的90億美元。

  • 運營息稅折舊攤銷前利潤率也創下了17.9%的新高,這主要是由電氣化和過程自動化領域的成功推動的。

  • 現金流仍保持在5.5億美元的強勁水平,該公司預測其2024年的自由現金流將與2023年相似。

  • 儘管短週期業務疲軟,但毛利率有所改善,尤其是大型電機和發電機部門,毛利率在10%至15%之間。

Business Progress:

業務進展:

  • Positive trends and high customer activity observed in the Electrification business.

  • The company upheld its environmental commitments, aiding customers to avoid 74 megatons of greenhouse gas emissions in the previous year.

  • Morten Wernli set to succeed retiring CEO Bjorn Rosengren, with plans to persist with ABB's current operational model.

  • Confidence is displayed in expected revenue growth from orders throughout 2024, planning for strategic investments to support this growth.

  • Continued efforts in maintaining leading market position through growth and portfolio evaluation, potential acquisitions in software and technology.

  • A strong focus has been placed on Robotics and Discrete Automation divisions citing positive performance especially in European and Chinese markets.

  • 電氣化業務呈現積極趨勢和高客戶活動。

  • 該公司信守了其環境承諾,幫助客戶在去年避免了74兆噸的溫室氣體排放。

  • 莫滕·韋恩利將接替即將退休的首席執行官比約恩·羅森格倫,並計劃堅持ABB目前的運營模式。

  • 2024年全年訂單的預期收入增長顯示出信心,並計劃進行戰略投資以支持這一增長。

  • 通過增長和投資組合評估、軟件和技術方面的潛在收購,繼續努力保持領先的市場地位。

  • 機器人和離散自動化部門一直受到高度關注,理由是表現良好,尤其是在歐洲和中國市場。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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