ABB集团ABB Ltd (ABB) 2011年年度报告「NYSE」.pdf

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1、Innovative,responsive,entrepreneurialThe ABB Group Annual Report 2011Contents02 This is ABB 04 Chairman and CEO letter 08 Highlights 10 ABB Group Executive Committee 13 Corporate governance report 29 Remuneration report 41 Financial review02 This is ABB|ABB Annual Report 2011This is ABBABB is one of

2、 the worlds leading power and automation technology 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 from light switches to robots,a

3、nd from huge electrical transformers to control systems that manage entire power networks and factories.We help our customers meet their challenges with minimal environmental impact.Thats why ABB stands for“Power and productivity for a better world.”ABB Annual Report 2011|This is ABB 0304 Chairman a

4、nd CEO letter|ABB Annual Report 20112011 was another very successful year for ABB.We achieved strong revenue growth,and our order intake rose to a record$40 billion.We managed this growth while keeping costs firmly under control,so that we were also able to strengthen our profitability.Operational E

5、BITDA(1)the measure of profitability that we track rose by$1.2 billion last year,and our profit margin on this basis also increased.Our financial results are an indication of the underlying successful direction of ABB and,in order to further advance ABBs growth and performance,we unveiled a new stra

6、tegy last year for the 201115 period.Wed like to take the opportunity in this letter to put the financial results into the broader context of where ABB is heading.Externally focused The world is going through a period of unprecedented change.Growing populations and rising living standards are increa