ABB集团ABB Ltd (ABB) 2010年年度报告「NYSE」.pdf

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1、Strengthening the foundations for growthThe ABB Group Annual Report 2010Contents02 This is ABB .04 Chairman and CEO letter .08 Highlights .09 Overview of Group results .10 ABB Group Executive Committee .12 Corporate Governance 26 Remuneration Report .36 Financial Review02 This is ABB|ABB Annual Repo

2、rt 2010This is ABBABB is one of the worlds leading power and automation engineering companies.We provide solutions for secure,energy-efficient generation,transmission and distribution of electricity,and for increa-sing productivity in industrial,commercial and utility operations.Our portfolio ranges

3、 from light switches to robots,and from huge electrical transformers to control systems that manage entire power networks and factories.We help our customers meet their challenges with minimum environmental impact.Thats why ABB stands for“Power and productivity for a better world.”ABB Annual Report

4、2010|This is ABB 0304 Chairman and CEO letter|ABB Annual Report 2010As the global recovery gradually strengthens,it is clear just how well ABB has come through the extreme turbulence of the past few years.The business has been remarkably stable during this time.Revenues in 2010 were just 5.7 percent

5、 down from the record we achieved in 2008,while our order backlog and the cash generated by the business reached record highs in 2010.Our operational EBIT margin rose to 13.1 percent last year,which is once again comfortably within our targeted range.Our main peers experienced steeper declines in th

6、eir revenue and profit,and we have a stronger balance sheet and cash flow than other leading companies in our sector.We have emerged stronger from the crisis and this is an achievement for which ABB employees deserve our thanks and praise.They have shown tremendous commitment,flexibility and resourc