Slide 1: Slide 1
Slide 2: Orders
Orders $inmillions 9,500 8,500 7,500 6,500 5,500 2021 2022 Comparable growth % -16%
Slide 3: Orders and revenues
ABB INTERIM REPORT I Q3 2022 3 The impact from changes in exchange rates weighed on total order growth. However , the underlying customer demand was strong, resulting in order growth of 4% (16% comparable), year- on-year. Customer activity was robust for both the short-cycle flow business and the sy
Slide 4: Basic EPS
Basic EPS $ per share 2.20 1.70 120 t 0.40 0.30 0.20 0.10 | | @ -0.10 | 2020 2021
Slide 5: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 3,000 | 20% 1,500 15% 1,000 10% “I WU ill os 2020 2021 2022 james Operational EBITA umm Income from operations Operational EBITA margin %
Slide 6: Gross profit, income from operations and Operational EBITA
ABB INTERIM REPORT I Q3 2022 4 Gross profit Gross profit increased by 8% (19% constant curren cy) to $2,481 million, supported by a gross margin improvement of 90 basis points to 33.5%. Increas es were noted in all business areas except for a slight decline in Robotics & Discrete Automation. Income
Slide 7: Net Cash (Net Debt) position
Net Cash (Net Debt) position $inmillions -2,500 a | -5,500 -8,500 2020 2021 2022
Slide 8: Free cash flow conversion to net income, R12M
Free cash flow conversion to net income’, R12M 400% 300% 200% 100% / I oO 2020 2021 2022
Slide 9: Net working capital, capex, net debt and cash flows
ABB INTERIM REPORT I Q3 2022 5 Net working capital Net working capital amounted to $3,407 millio n, increasing year-on-year from $2,920 million but declining sequentially from $3,663 million. The sequential decrease was mainly driven by changes in exchange rates. Net working capital as a percentage
Slide 10: Orders and Revenues
Orders and Revenues $ in millions 4,500 4,000 3,500 3,000 2,500 amma Orders mms Revenues Orders 12M rolling 12M $in millions 16,000 14,000 12,000 10,000
Slide 11: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 20% 600 15% 450 300 10% 150 5% ° 0% 2020 2021 2022 "mmmms Operational EBITA ems Income from operations Operational EBITA margin %
Slide 12: Orders and revenues
ABB INTERIM REPORT I Q3 2022 6 Orders and revenues Although changes in exchange rates had an adverse effect on the total, the absolute order intake reached one of the highest levels in recent history, amounting to $3,902 million. This corresponds to a year -on-year increase of 11% (20% comparable),
Slide 13: Orders and Revenues
Orders and Revenues 12M $in $ in millions millions 2,500 8,500 2.000 8,000 au 7,500 1,500 | 7,000 1,000 : 1 6,500 500 6,000 2020 2021 2022 mmm Orders mmm Revenues Orders 12M rolling
Slide 14: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 2,500 25% 2,400 i H 20% 400 15% 300 10% 200 100 | ] 5% ° : 0% 2020 2021 2022 "ummm Operational EBITA mmm Income from operations Operational EBITA margin %
Slide 15: Orders and revenues
ABB INTERIM REPORT I Q3 2022 7 Orders and revenues Orders increased by 3% (24% comparable) and this was yet another strong period with orders at the $2 billion level. The high market activity offset headwinds from changes in exchange rates and the lack of contribution from the divested Mechanical Po
Slide 16: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 2,000 7,500 7,000 1,500 6,500 1,000 6,000 500 5,500 2020 2021 2022 comms Orders mms Revenues Orders 12M rolling
Slide 17: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 250 20% 200 sr ] Tt Tt] 15% 150 Be | re | : a | u 10% 100 j al : : : 50 | : 10) a 5% ° , : : . 0% 2020 2021 2022 tuum Operational EBITA mms come from operations Operational EBITA margin %
Slide 18: Orders and revenues
ABB INTERIM REPORT I Q3 2022 8 Orders and revenues Total order intake amounted to $1,568 million and declined by 6% (up 3% comparable) year-on-year, as adverse changes in exchange rates more than offset a positive underlying trend in customer activity in most divisions. A book-to-bill ratio of 108%
Slide 19: Orders and Revenues
Orders and Revenues 12M $in $inmillions millions 1,350 4,500 1,100 4,000 850 3,500 600 3,000 350 2,500 2020 2021 2022 mms Orders mmm Revenues Orders 12M rolling
Slide 20: Income from operations & Operational EBITA
Income from operations & Operational EBITA $inmillions 120 ED) 40 2020 2021 2022 imma Operational EBITA wm Income from operations Operational EBITA margin % 15% 10% 5% 0%
Slide 21: Orders and revenues
ABB INTERIM REPORT I Q3 2022 9 Orders and revenues While market demand was at a high level in the quarter, we saw customers normalizing order patterns on the back of anticipated shorter delivery lead-times as supply chain constraints ease. There were some signs of protracted lead times in customers’
Slide 22: CO2 Scope 1&2
COz Scope 1&2 Ktons Ktons, R12M 200 750 150 600 450 100 300 50 | | 150 ° ° 2020 2021 2022 =amemee Ktons of CO2 equivalent emissions (Scope 1&2)* Ktons of COz equivalent emissions (Scope 1&2), R12M
Slide 23: Lost Time Injury Frequency Rate
Lost Time Injury Frequency Rate LTIFR LTIFR,R12M 03 f 0.25 - 0.20 02 > 015 > 0.10 o1 » 0.05 0.0 a 2020 2021 2022 tuum LTIFR, frequency/200,000 working hours LTIFR, frequency/200,000 working hours, RI2M
Slide 24: Quarterly highlights
ABB INTERIM REPORT I Q3 2022 10 Quarterly highlights ● ABB E-mobility announce d the continued expansion of its global and US manufacturing footprint with new manufacturing operations in Columbia, South Carolina. The multi-million-dollar investment is planned to increase production of electric vehic
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Slide 26: Financial Information Contents
2 Q3 2022 FINANCIAL INFORMATION — Financial Information Contents 03 ─ 07 Key Figures 08 ─ 34 Consolidated Financial Information (unaudited) 35 ─ 47 Supplemental Reconciliations and Definitions
Slide 27: Key Figures
3 Q3 2022 FINANCIAL INFORMATION — Key Figures CHANGE ($ in millions, unless otherwise indicated) Q3 2022 Q3 2021 US$ Comparable (1) Orders 8,188 7,866 4% 16% Order backlog (end September) 19,393 16,012 21% 35% Revenues 7,406 7,028 5% 18% Gross Profit 2,481 2,294 8% as % of revenues 33.5% 32.6% +0.9
Slide 28: Q3 2022 Financial Information
34 Q3 2022 FINANCIAL INFORMATION