Dobré proozní ýsledky i nároné situaci na trzích Rekordní tržby, EBIT a cash flow z proozních inností za celý rok 2008 EBIT a istý zisk za trté trtletí nižší kli pedem oznámeným finanním rezerám Objednáky e trtém trtletí poklesly, hlan kli menšímu potu elkých projekt Program snižoání náklad s cílem dosáhnout do roku 2010 úspor e ýši 1,3 mld. USD Pedstaensto narhuje stejnou diidendu 0,48 CHF na akcii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
%#!!H.$I BJ" #( /!D, "F-BC$%,!/$ %, $) ("! %$) " #/)# /:$= #$ % $=! "-!$ %"*" K!)!"$-")"$)$"#/ =$ $" /$%#,'%" / =.!"./=$%!!%/ = $" # D Q4 08 Q4 07 Zmna 2008 2007 Zmna mil. USD, pokud není uedeno jinak USD Místní mny USD Místní mny Objednáky 7 183 8 868-19% -11% 38 282 34 348 11% 7% Zakázkoé krytí (konec prosince) 23 837 22 715 5% 14% Tržby 9 140 8 713 5% 15% 34 912 29 183 20% 16% EBIT 459 1 145-60% 4 552 4 023 13% Marže EBIT (%) 5,0% 13,1% 13,0% 13,8% istý zisk 213 1 753 3 118 3 757 Základní zisk na akcii ($) 0,09 0,76 1,36 1,66 Diidendy na akcii (CHF) 1 0,48 0,48 Cash flow z proozních inností 1 395 1 469 3 958 3 054 Free cash flow 2 888 2 429 Free cash flow jako % z istého zisku 93% 65% Náratnost loženého kapitálu 1 Narženo pedstaenstem 30,8% 35,3% L, # / %"#!!# #@..'=!7@FM!L, # #" / )#!!# #)" "! *.$6 $/!' #!$FM?7FMC $"!!,!"' #. %" &!?.L#)# " %, #%"# 6 # %" #!!# ## ) #!!# #)#!& J" # /$$ /!. $/$!!" #.%$ %!%- #% $!$)/ "#FM '!"' %" &#%#%- $!$#,$@!"%,!)"!6.8?!"FM E/!6)"#,$ "!"!! % #"!9N!!% ) '%%$. '%#, "'%")N.%&" %"%! (!! %"$!,#&.2%'! %#/#. '#/'%! %=/$$%!#"%#,'.6 -!"* ( & / #' %!%!!@)#6 "#2%'! # J/#, $! 1 5 %, #/ %, #).6'!#/ %! %=/$$ %!#"%#,'.6
C$/ ("!#/ %! %=/$$ %!#"%#,'.6 =,%#! )./$$) " &." 6!$ ") $ %,$!#%# $,.=$ 6/' &".%,$"=' J%!!@!"%"$6 $"#(/ 6$" / %,!%()!"# "#%" &!".$$ 6$ %# $!/ /$ )!"!L"/., %#'$6 $"#(HO/!6"#(%# /! 6!/$ %$"#(H# " "#9:%!# @L&$$ 6 %)# #6 %().6!!!!!!%,$"#" %=$! $% (6$$ $"##/(#"=$!%, $!%,!/$! $" %()!)$!"#%( %% $( "'"#%- ## %, 8!"9:& 6$ 6!"9:)" @L, #%"# 6!"9:)# "! )!" #$%#&%& 4)"%.=!@!"'" %%&"")("!-")"$*!&$!!!")., $&" $J &' &" $ ##!"!6=$ ")/ #1#?!"9:5 "'%/!* %( "'/ $ / &" $ <0"#$)/ #1%#?!"9:5)" &' &" $)!"$ & -!#!!$ -!'%#!%&"!!$#)$$.,$ $$" " %=!/ /!%" "!4" %= $)"6!6=$!!!! -!%#!(%( "".$/ /$$ $#' -!'!*!%#%" %#,'( L "!!"' %"" $@)/ #)' %( "'! &' &" $%" "$ 6)/ # "-!! /$$ -! ;)/ #)%6$'= $ *!!%,$"#$%.O'% ))! "' -!'#/ )"==$C!6=$!! #%! - #!,!$ #"!6=$ " )/ # L&/$$") )$%( "%#%" - %, )$%( "%,$"# )!"' %( " #"#"=$ $6 $)/ #! /$$!$ 0 -!"$" #!!=!")/ # $$.19:(" /'=!5#$%&/$$!!$ #" %=$ -!$$ '$ 6 " /'6!6=$)/ # -! J2%.)/ #%" " #6!6=$%%%( " )!$%()!"%!()/ #! /$$ %, 6.) -! ;)/ #!%" " = #!!$("!!6=$!!. %( "%6#.$%/ ( -!'!*%$ "!! (!.!%" #$."!" / 'A$.3#!C, #$ J#. *! )/ #%" " $= ' %, #$#6!6=$)/ #% "'%/!*)"/ &! % ( )/ # / '%%( "'!! J "')/ # &' &" $ ".%" "??% 1 $$.7 % 5%, #"% ")#6 )/ # $ % /' &" $<0"#$)/ #)" $.!6=$1% 9:% $$.5
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
1"& 1%&3 Q4 08 Q4 07 Zmna 2008 2007 Zmna mil. USD, pokud není uedeno jinak USD USD Objednáky 2 615 2 751-5% 2% 13 627 11 320 20% 15% Zakázkoé krytí (konec prosince) 7 977 6 932 15% 24% Tržby 3 208 2 910 10% 19% 11 890 9 777 22% 18% EBIT 444 466-5% 2 100 1 596 32% Marže EBIT (%) 13,8% 16,0% 17,7% 16,3% Cash flow z proozních inností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mna 2008 2007 Zmna mil. USD, pokud není uedeno jinak USD USD Objednáky 1 456 1 902-23% -14% 7 408 7 744-4% -8% Zakázkoé krytí (konec prosince) 7 704 8 209-6% 4% Tržby 1 902 1 977-4% 7% 6 912 5 832 19% 16% EBIT 181 179 1% 592 489 21% Marže EBIT (%) 9,5% 9,1% 8,6% 8,4% Cash flow z proozních inností 98 245 424 409 8
;)/ # &' &" $$6!"("!!6=$ " )/ # #6"#$ - (")!"$;)/ #!".=!"9# -!'%#! %&"!!$# #! $$0%# %' -!'%#!.6 =!"#/ '! /$$) -! 6 #"==$ )/ # 2%. $ / &" $<0%6#.$ "%/ ('!* #"!6=$ )/ #!, #$ J#.*! 46) &' &" $ '#" " "7% " $$.)"< % ==$".#$ "!!%/ ( '$Q6 234 %$" "." %= "!!%/ ( $6 $!%$&!$#6$ $%" )%/ (!6=$ G" #$(#(" # =$ 6$ ")/ # 1%&) Q4 08 Q4 07 Zmna 2008 2007 Zmna mil. USD, pokud není uedeno jinak USD USD Objednáky 2 094 2 360-11% -3% 10 872 9 314 17% 11% Zakázkoé krytí (konec prosince) 3 863 3 490 11% 18% Tržby 2 484 2 396 4% 13% 10 250 8 644 19% 13% EBIT 422 410 3% 1 908 1 477 29% Marže EBIT (%) 17,0% 17,1% 18,6% 17,1% Cash flow z proozních inností 299 451 1 343 1 256 J &' &" $%" ")/ #% 9:% $$.("!")=$%%.=!. -!(%( " - (;)/ # $%.O'%/ $%.O'' &" $=!"". #$%6#( -! *!%( "%% )! " #/( / '. " L%%##$%# %%( " )!$%" "6/ # "'-")"$%#,'%" ". )")/ #%.#!6=$2%., #$ J#.*! $!#="/ /!= $J!)")/ #!6=$ 6')/ # &' &" $< '" ")/ #3#! 46) &' &" $=!"#$==$ )/ ( "! '$46) "6 )"%#.= 6 "'6)234 %! /' &" $ <=!"#$==$ ( %&/$$ %$ " %= $ C!6=$*"+%$&!$)"" # = $%$%!"".("! ==$ ) ).6)( <
") Q4 08 Q4 07 Zmna 2008 2007 Zmna mil. USD, pokud není uedeno jinak USD USD Objednáky 1 452 2 343-38% -30% 8 657 7 935 9% 4% Zakázkoé krytí (konec prosince) 6 111 5 951 3% 12% Tržby 2 088 1 939 8% 20% 7 815 6 420 22% 18% EBIT 240 220 9% 926 683 36% Marže EBIT (%) 11,5% 11,3% 11,8% 10,6% Cash flow z proozních inností 282 456 1 034 766 ;)/ # &' &" $%" %,$&#). "! - -!("! %#' $6 $ ")/ # $!" 0$!%#!"!!! ("!!6=$ #! ' %,$%*!$%/ (= ' /!." #.)#$%%$6 $!!)" /$ "! "((# $! )"!%!/!!*!$%'%/ )# #!&!!"!! #) /$ ';)/ #.6 %" ",$ 6/ # /! " #%%!"!!%'$ #$!.!)/ #!"&" $ ;)/ # -!)# # "(")!"$$ )/ # - %%"%%$ ""S)"!6=$ 46) &' &" $!".=!"#$ "!!'$ ")/ #!" ( -!!)(6#6$ '."!. - (234 6 234"%!&' &" $<#$==$ )/ ( " %= ' "!!%/ ( 0!)"==$ 6%, # =*"+%$&!$)"!6=$".("! &' "6 $%" )%/ ( /% mil. USD, pokud není uedeno jinak Q4 08 Q4 07 Zmna 2008 2007 Zmna USD USD Objednáky 299 348-14% -10% 1,65 8 1,488 11% 5% Zakázkoé krytí (konec prosince) 545 529 3% 6% Tržby 407 419-3% 3% 1,64 EBIT -73 25 n/a 29 79-89% Marže EBIT (%) -17.9% 6.0% 0.5% 5.6% Cash flow z proozních inností 18 27 49 120 1,407 17% 11% ;)/ # &' &" $%" "("!")=$%%) )!"'! = ) '%( "%,$&=! -!/#= ) '-")"$ %#,'%" / '%( "#.$ " % / & )#!! >)! 46)%" "% 9:"% $$.#$ "!! '$234 6 234%" "#(" #"#(! /$$ "!$#%!( / =!<!"9:("!%, )!' @
%,$%#$/ /$$ $"# $%,!%()$%!%#' %" ( Kalendá inestora pro rok 2009 M!&$" #T #) J&$" #?. M!&$" #T & M!&$" #T,$/ 1+++)) 5/ %, #$.*! %()$$)"! -!! 9 6G/ $( *'%( ")#!!) -!$" %=!/ /! %,!&' $6 $#%#/ /!&!$6!$%, #$ "?.( $ 6 $. JA ' %)"! %()$!""!." <"!#$ Pro íce informací prosím kontaktujte: Media Relations: Thomas Schmidt, Wolfram Eberhardt (Zurich, Switzerland) Tel: +41 43 317 6568 media.relations@ch.abb.com Inestor Relations: Switzerland: Tel. +41 43 317 7111 Sweden: Tel. +46 21 325 000 USA: Tel. +1 203 750 7743 inestor.relations@ch.abb.com ABB Ltd Affolternstrasse 44 CH-8050 Zurich, Switzerland
Píloha I Hlaní ukazatele za 4. trtletí 2008 ABB Group (Q4) a a celý rok 2008 V mil USD pokud není uedeno jinak Q4 08 Q4 07 Zmna 2008 2007 Zmna USD místníc h mnác h USD místní ch mnác h Objednáky Group 7'183 8'868-19% -11% 38'282 34'348 11% 7% Power Products 2'615 2'751-5% 2% 13'627 11'320 20% 15% Power Systems 1'456 1'902-23% -14% 7'408 7'744-4% -8% Automation Products 2'094 2'360-11% -3% 10'872 9'314 17% 11% Process Automation 1'452 2'343-38% -30% 8'657 7'935 9% 4% Robotics 299 348-14% -10% 1'658 1'488 11% 5% Korporátní a ostatní -733-836 -3'940-3'453 Tržby Group 9'140 8'713 5% 15% 34'912 29'183 20% 16% Power Products 3'208 2'910 10% 19% 11'890 9'777 22% 18% Power Systems 1'902 1'977-4% 7% 6'912 5'832 19% 16% Automation Products 2'484 2'396 4% 13% 10'250 8'644 19% 13% Process Automation 2'088 1'939 8% 20% 7'815 6'420 22% 18% Robotics 407 419-3% 3% 1'642 1'407 17% 11% Korporátní a ostatní -949-928 -3'597-2'897 EBIT Group 459 1 145-60% 4'552 4'023 13% Marže EBIT (%) Power Products 444 466-5% 2'100 1'596 32% Power Systems 181 179 1% 592 489 21% Automation Products 422 410 3% 1'908 1'477 29% Process Automation 240 220 9% 926 683 36% Robotics -73 25 n.a. 9 79-89% Korporátní a ostatní -755-155 n.a. -983-301 n.a. Group 5,0% 13,1% 13,0% 13,8% Power Products 13,8% 16,0% 17,7% 16,3% Power Systems 9,5% 9,1% 8,6% 8,4% Automation Products 17,0% 17,1% 18,6% 17,1% Process Automation 11,5% 11,3% 11,8% 10,6% Robotics -17,9% 6,0% 0,5% 5,6%
Píloha II (pokraoání) Získané objednáky a ýnosy ABB za 4Q 2008 a celý rok 2008 dle region: Q4 2008 Pijaté V mil USD Zmna Tržby Zmna objednáky Q4 08 Q4 07 USD Místní Q4 08 Q4 07 USD Místní Eropa 2 887 3 506-18% -8% 3 872 3 840 1% 13% Amerika 1 722 1 734-1% 9% 1 843 1 552 19% 29% Asie 1 882 2 792-33% -29% 2 394 2 275 5% 12% Stední Východ a Afrika 692 836-17% -7% 1 031 1 046-1% 8% Celkem za skupinu 7 183 8 868-19% -11% 9 140 8 713 5% 15% Celý rok 2008 2008 2007 USD Místní 2008 2007 USD Místní Eropa 16 633 15 655 6% -1% 15 815 13 322 19% 13% Amerika 7 235 6 013 20% 19% 6 428 5 247 23% 22% Asie 10 242 9 186 11% 7% 8 967 7 480 20% 16% Stední Východ a Afrika 4 172 3 494 19% 17% 3 702 3 134 18% 16% Celkem za skupinu 38 282 34 348 11% 7% 34 912 29 183 20% 16%
Píloha III ( anglickém jazyce) Reconciliation of non-gaap financial measures regarding fiscal year 2008 ($ mil. USDs, unaudited) EBIT margin Earnings before interest and taxes (EBIT) 4,552 Reenues 34,912 EBIT margin (EBIT as % of reenues) 13.0% Finance net Interest and diidend income 315 Interest and other finance expense (349) Finance net (34) Free cash flow (FCF) and as a share of net income (cash conersion) Net cash proided by operating actiities 3,958 Changes in financing receiables 7 Purchases of property, plant and equipment and intangible assets (1,171) Proceeds from sales of property, plant and equipment 94 Free cash flow 2,888 Net income 3,118 Free cash flow as a share of net income 93% Free cash flow as a share of net income M *"+ *! 1" * #!!5!*!!"!"" #)#!!#!-MM)! Q- ) "! MM#!! "%*"!"!- - ##! MM *! % * - Net cash Short-term debt and current maturities of long-term debt (354) Long-term debt (2,009) Total debt (2,363) Cash and equialents 6,399 Marketable securities and short-term inestments 1,407 Cash and marketable securities 7,806 Net cash 5,443 C!*!!"!"" ## W!" %" )"!! #! " "# ) Gearing Total debt 2,363 Total stockholders' equity 11,158 Minority interest 612 Gearing 17% Gearing U!-!*!!"!"" #"# )#!!# #) *"# )%"" "# V W!!"#!-!!! 4"# ) #* %% *""!- # ) #-!- W""- # )%" # )#!! *"- # ) Q- ) "! #-!- "%*"!"!-" - #!# )! "!-%!)" *!!-!
Píloha III (pokraoání) Return on capital employed (after tax) = EBIT x (1-tax rate) / Capital employed EBIT 4,552 Proision for taxes 1,119 Income from continuing operations before taxes and minority interest 4,518 Tax rate 25% Capital employed = fixed assets + net working capital Property, plant and equipment, net 3,562 Goodwill 2,817 Other intangible assets, net 411 Inestments in equity method companies 68 Fixed assets 6,858 Receiables, net 9,245 Inentories, net 5,306 Prepaid expenses 237 Accounts payable, trade (4,451) Billings in excess of sales (1,224) Accounts payable, other (1,292) Adances from customers (2,014) Accrued expenses (1,569) Net working capital 4,238 Capital employed 11,096 ROCE (after tax) 31% > %!" %" #1>;25!*!!" # *! #) - ) "!! *" % * + **!! "+!-%!"%)"! #>;2% * - *.