Abb Ltd. · SIX:ABBN
Abb — Q1 2021 Earnings Presentation
28 slides from Abb's earnings presentation, Apr 27, 2021
Slide 1: Q1 2021 First three months Press release
Slide 2: Orders
Orders $inmillions 8,000 4% 7,500 0% 7,000 -4% 6,500 -8% 6,000 12% 5,500 -16% 2019 2020 2021 ues Orders Comparable growth %
Slide 3: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 OEM business more than offset the growth noted in the tier-1 customer segment. In the process related businesses, oil & gas declined, although there were signs of improving customer activity. A largely stable development was registered in the pulp & paper, mining and pow
Slide 4: Basic EPS
Basic EPS $ per share 2.30 2.20 2.10 0.30 0.20 0.10 - Li] 2019 2020 2021
Slide 5: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 1,200 15% 900 —~_ ~~ 7 10% 600 5% 300 | >» Ha i == a — 0% 2019 2020 2021 "ammmmm Operational EBITA mmm Income from operations Operational EBITA margin %
Slide 6: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Corporate and Other Operational EBITA improved by $14 million to -$101 million, with the underlying ongoing corporate EBITA largely stable at -$79 million. Net finance expenses The net finance expenses amounted to $44 million, higher than the $4 million in 2020. While in
Slide 7: Net Cash (Net Debt) position
Net Cash (Net Debt) position $inmillions - -| -5,500 -8,500 2019 2020 2021
Slide 8: Free cash flow conversion to net income, R12M
Free cash flow conversion to net income’, R12M 400% 300% 200% ~ [ | E | 0% i 2019 2020
Slide 9: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Net working capital Net working capital amounted to $2,904 million, and decreased 12% year-on-year, while it increased from $2,718 million in the prior quarter primarily due to higher contract assets and inventories as well as lower accrual for employee bonuses. Net work
Slide 10: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 14,000 3,600 13,000 3,200 ] _ | | h | — 2,400 eal 11,000 2019 2020 2021 omesms Orders mmm Revenues Orders 12M rolling
Slide 11: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 600 20% 450 15% 300 10% 150 5% Co) 0% -150 5% 2019 2020 2021 "mums! Operational EBITA ms Income from operations Operational EBITA margin %
Slide 12: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Orders and revenues Order intake reached a high level of $3,531 million, a solid increase of 13% (9% comparable). Revenues at $3,140 million grew 13% (11% comparable) with strength noted in most segments. ● Strong demand was further supported by customers stock- building
Slide 13: Orders and Revenues
Orders and Revenues 12M $in $ in millions millions 2,000 7,000 : 6,150 1,500 ] 6,500 1,000 : 6,250 500 : , . 6,000 2019 2020 2021 mmm Orders mmm Revenues Orders 12M rolling
Slide 14: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 300 20% 15% 200 10% 100 5% co) 0% 2019 2020 2021 lms Operational EBITA ws Income from operations Operational EBITA margin %
Slide 15: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Orders and revenues In total, order intake was at a high level and amounted to $1,917 million which increased by 1% (-4% comparable), although the high comparable from the prior period weighed on the growth rate. Revenues amounted to $1,667 million, representing growth o
Slide 16: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 2,000 7,000 1,500 6,500 1,000 6,000 500 5,500 2019 2020 2021 mame Orders memes Revenues Orders 12M rolling
Slide 17: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 300 200 100 | 2020 2021 sms Operational EBITA wes Income from operations Operational EBITA margin % 20% 15% 10%
Slide 18: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Orders and revenues Customer activity in the process related segments was low and orders and revenues declined year-on-year in most divisions. Order intake amounted to $1,656 million, a decrease of 6% (11% comparable). Revenues amounted to $1,407 million, declining by 4%
Slide 19: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 1,000 4,000 3,500 800 | 3,000 600 : 2,500 400 2,000 2019 2020 2021 mms Orders meme Revenues Orders 12M rolling
Slide 20: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 120 15% 80 40 10% Co) 5% -40 -240 0% 2019 2020 2021 tummsss Operational EBITA wma [come from operations Operational EBITA margin %
Slide 21: ABB Interim Report Q1 2021
ABB INTERIM REPORT I Q1 2021 Orders and revenues In total, order intake amounted to $841 million, 4% higher (- 3% comparable) year-on-year. Revenues grew strongly, increasing 27% (19% comparable ) and amounted to $853 million, supported by a strong execution of deliveries from the order backlog as w
Slide 22: CO2 Scope 1&2
COz Scope 1&2 Ktons Ktons, R12M 150 500 ee 400 100 300 200 50 100 oO oO 2019 2020 2021 sammam Ktons of CO2 equivalent emissions (Scope 1&2) Ktons of CO2 equivalent emissions (Scope 1&2), R12M
Slide 23: Lost Time Injury Frequency Rate
Lost Time Injury Frequency Rate LTIFR LTIFR, R12M 03 15 02 1.0 On 05 0.0 0.0 2019 2020 2021 smmssm LTIFR, frequency/200,000 working hours LTIFR, frequency/200,000 working hours, RI2M
Slide 24: ABB Interim Report Q1 2021 sustainability
ABB INTERIM REPORT I Q1 2021 ABB took important steps in the first quarter of 2021 to establish the governance of its new ambitious 2030 sustainability strategy, which was launched in November 2020. There is a clear focus on areas with the biggest impact – enabling a low-carbon society by reducing e
Slide 25: Q1 2021 Financial Information
Q1 2021 FINANCIAL INFORMATION
Slide 26: Financial Information Contents
— Financial Information Contents 03 ─ 5 Key Figures 06 ─ 32 Consolidated Financial Information (unaudited) 33 ─ 42 Supplemental Reconciliations and Definitions Q1 2021 FINANCIAL INFORMATION
Slide 27: Key Figures
Q1 2021 FINANCIAL INFORMATION — Key Figures CHANGE ($ in millions, unless otherwise indicated) Q1 2021 Q1 2020 US$ Comparable (1) Orders 7,756 7,346 6% 1% Order backlog (end March) 14,750 13,698 8% 2% Revenues 6,901 6,216 11% 7% Income from operations 114% Operational EBITA (1) 51% 40% (2) as % of o
Slide 28: Q1 2021 Financial Information
Q1 2021 FINANCIAL INFORMATION