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Slide 2: Orders
Orders $inmillions 9,500 8,500 7,500 6,500 5,500 2023 2024 Comparable growth % 16% 8% 0%
Slide 3: Basic EPS
Basic EPS $ per share 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.00 2022 2023 2024
Slide 4: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 1,500 1,000 500 2022 2023 2024 smu! Operational EBITA ummm Income from operations Operational EBITA margin % 20% 18% 16% 14% 12%
Slide 5: Gross profit, income from operations and Operational EBITA
ABB INTERIM REPORT I Q1 2024 4 Gross profit Gross profit increased by 8% (9% constant currency) to $2,935 million, reflecting a gross margin improvement of 270 basis points to 37.3%. Gross margin improved in all four business areas. Income from operations Income from operations amounted to $1,217 mi
Slide 6: Net Cash (Net Debt) position
Net Cash (Net Debt) position $inmillions 1,000 -2,000 [ | | -5,000 2022 2023 2024
Slide 7: Free cash flow conversion to net income, R12M
Free cash flow conversion to net income’, R12M 150% 100% 50% 0% 2022 2023 2024
Slide 8: Net working capital, capex, net debt and cash flows
ABB INTERIM REPORT I Q1 2024 5 Net working capital Net working capital amounted to $3,588 million, decreasing year-on-year from $4,164 million as higher receivables and contract assets were more than offset by higher customer advances, and accounts payables. Net working capital as a percentage of re
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Slide 10: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 4,500 16,000 4,000 14,000 3,500 12,000 3,000 2,500 10,000 a Orders mmm Revenues Orders 12M rolling
Slide 11: Orders and revenues
ABB INTERIM REPORT I Q1 2024 6 Orders and revenues The first quarter order intake of $4,392 million represents a new record level, and increased by 6% (8% comparable) from last year. Continued robust demand for the project and systems businesses which this quarter was coupled with strong year-on-yea
Slide 12: Orders and Revenues
Orders and Revenues 12M $in $ in millions millions 2,500 8,500 f : 8,000 2,000 | / 7,500 1,500 - | | : i 7,000 1,000 - 6,500 500 : 6,000 2022 2023 2024 sommes Orders mmm Revenues Orders 12M rolling
Slide 13: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 500 400 300 200 2022 2023 mmm Operational EBITA mm Income from operations Operational EBITA margin % 2024 22% 20% 18% 16% 14% 12%
Slide 14: Orders and revenues
ABB INTERIM REPORT I Q1 2024 7 Orders and revenues Robust customer activity in the projects- and systems-related businesses offset some weakness in the short -cycle areas. In total, a new all-time-high order level of $2,303 million was achieved, representing an improvement of 2% (1% comparable) from
Slide 15: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 2,500 8,000 7,500 2,000 7,000 1,500 6,500 1,000 6,000 500 5,500 2022 2023 2024 mmm Orders mms Revenues Orders 12M rolling
Slide 16: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 300 150 75 2022 2023 sma Operational EBITA wes Income from operations Operational EBITA margin % 2024 20% 18% 16% 14% 12% 10%
Slide 17: Orders and revenues
ABB INTERIM REPORT I Q1 2024 8 Orders and revenues The underlying markets remained buoyant. However, last year’s record high comparable was strongly supported by the timing of large orders received, and in contrast some timing delay in orders in the current quarter were noted. Order intake declined
Slide 18: Orders and Revenues
Orders and Revenues $ in millions 1,350 1,100 850 60! 3 350 2022 2023 mma Orders mmm Revenues Orders 12M rolling 2024 12M $in millions 4,500 4,000 3,500 3,000 2,500
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Slide 20: Orders and revenues
ABB INTERIM REPORT I Q1 2024 9 Orders and revenues As anticipated, order intake improved from the fourth quarter, with the strongest increase recorded in the Robotics division. However, total orders declined by 30% (30% comparable) from last year’s high comparable and amounted to $701 million. ● Ord
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Slide 22: CO2e Scope 1&2
COze Scope 1&2 Ktons Ktons, R12M 200 600 150 450 100 300 ; | Diane . 5 oe ie 2022 2023 2024 tuum Ktons of CO2 equivalent emissions (Scope 1&2) Ktons of COz equivalent emissions (Scope 182), R12M
Slide 23: Events from the Quarter
ABB INTERIM REPORT I Q1 2024 10 Events from the Quarter ● ABB and CERN, the European Laboratory for Particle Physics, have collaborated on a strategic research partnership to enhance energy efficiency in cooling and ventilation systems at CERN’s particle physics institute in Geneva, Switzerland. Thr
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Slide 25: Q1 2024 Financial Information Contents
2 Q1 2024 FINANCIAL INFORMATION — Financial Information Contents 03 ─ 05 Key Figures 06 ─ 27 Consolidated Financial Information (unaudited) 28 ─ 38 Supplemental Reconciliations and Definitions
Slide 26: Key Figures
3 Q1 2024 FINANCIAL INFORMATION — Key Figures CHANGE ($ in millions, unless otherwise indicated) Q1 2024 Q1 2023 US$ Comparable (1) Orders 8,974 9,450 -5% -4% Order backlog (end March) 22,015 21,607 2% 6% Revenues 7,870 7,859 0% 2% Gross Profit 2,935 2,716 8% as % of revenues 37.3% 34.6% +2.7 pts In
Slide 27: Q1 2024 Financial Information
27 Q1 2024 FINANCIAL INFORMATION