• Orders $9.4 billion, +21%; comparable[1] +28%

• Revenues $7.0 billion, +1%; comparable +7%

• Income from operations $857 million; margin 12.3%

• Operational EBITA[1] $997 million; margin[1] 14.3%

• Basic EPS $0.31; 25%[2]

• Cash flow from operating activities -$573 million; cash flow from operating activities in continuing operations -$564 million

[][][][][][]
KEY FIGURES
CHANGE
($ millions, Q1 Q1 US$ Comparable[1]
unless 2022 2021
otherwise
indicated)
Orders 9,373 7,756 21% 28%
Revenues 6,965 6,901 1% 7%
Gross Profit 2,281 2,268 1%
as % of 32.7% 32.9% -0.2
revenues pts
Income from 857 797 8%
operations
Operational 997 959 4% 8%[ 3 ]
EBITA[1]
as % of 14.3% 13.8% +0.5
operational pts
revenues[1]
Income from 643 551 17%
continuing
operations,
net of tax
Net income 604 502 20%
attributable
to ABB
Basic 0.31 0.25 25%[2]
earnings per
share ($)
Cash flow (573) 543 n.a.
from
operating
activities[4]
Cash flow (564) 523 n.a.
from
operating
activities in
continuing
operations

1 For a reconciliation of non
-GAAP measures, see
"supplemental
reconciliations and
definitions" in the attached
Q1 2022 Financial
Information.
2 EPS growth rates are
computed using unrounded
amounts.
3 Constant currency (not
adjusted for portfolio
changes).
4 Amount represents total for
both continuing and
discontinued operations.

"ABB has started the year with a promising performance in the face of multiple external uncertainties. I expect this year to result in improving profitability, solid cash flow and execution of our planned portfolio activities."

Björn Rosengren, CEO