In the fiscal year of 2023, ABB Group generated a consolidated net income of around 3.8 billion U.S. dollars. In the 2020 fiscal year, the company reported a net income of some 5.2 billion U.S. dollars. It is highly likely that the considerable increase in energy prices in Europe as well as increased cost of metals worldwide contributed to this slide.
ABB Group's consolidated net income from FY 2009 to FY 2023
(in million U.S. dollars)
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ABB Group. (February 22, 2024). ABB Group's consolidated net income from FY 2009 to FY 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/279974/net-income-of-abb-group/
ABB Group. "ABB Group's consolidated net income from FY 2009 to FY 2023 (in million U.S. dollars)." Chart. February 22, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/279974/net-income-of-abb-group/
ABB Group. (2024). ABB Group's consolidated net income from FY 2009 to FY 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/279974/net-income-of-abb-group/
ABB Group. "Abb Group's Consolidated Net Income from Fy 2009 to Fy 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/279974/net-income-of-abb-group/
ABB Group, ABB Group's consolidated net income from FY 2009 to FY 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/279974/net-income-of-abb-group/ (last visited November 17, 2024)
ABB Group's consolidated net income from FY 2009 to FY 2023 (in million U.S. dollars) [Graph], ABB Group, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/279974/net-income-of-abb-group/
