Raising margin and return targets
Comparable revenue growth
<p>The company targets steady growth through the economic cycle, with 5%–7% average comparable growth excluding FX effects, acquisitions, and divestments. Acquisitions are expected to add an additional 1%–2% on average.</p>Updated: Operational EBITA margin
<p>The company targets an annual Operational EBITA margin of 18%–22%. Business area target ranges are 22%–26% for EL, 18%–22% for MO, and 14%–18% for AU.</p>Updated: ROCE
<p>The company targets an annual ROCE above 20%.</p>Updated: FCF conversion
<p>The company targets annual free cash flow conversion to net income above 95%.</p>EPS growth
<p>The company targets average basic EPS growth of at least a high single-digit percentage across the economic cycle.</p>Value creation
Our business environment
ABB is well positioned to capitalize on key global megatrends that support our long-term growth ambitions....
Decentralized business model
ABB continues to evolve into a more agile and efficient company....
Our strategic priorities
Our strategic priorities guide decision making and resource allocation across our decentralized organization, ensuring alignment, consistency, and focus on long-term value creation....
We enable a low-carbon society
Supporting the development of a low-carbon society is one of the most significant ways that ABB can contribute to environmental sustainability....
We preserve resources
As our world becomes more resource constrained, ABB is committed to safeguarding natural resources throughout our value chain....
We promote social progress
ABB aims to deliver positive social impact, not only in our own business but in our value chain and communities, too....