ABB(US:ABBNY)2024-04-23 16:05Financial Performance Highlights - Q1 2024 orders decreased by 4% YoY[12] - Q1 2024 revenues increased by 2% YoY[12] - Q1 2024 Operational EBITA increased by 11% YoY[12, 39] - Q1 2024 Operational EBITA margin increased by 160 bps to 179%[12] - Free cash flow was $551 million, an increase of $389 million YoY[7, 12] - Gross profit as a percentage of revenues increased from 346% to 373%[55] Segment Performance - Electrification Q1 2024 orders were $4392 million[58] - Robotics & Discrete Automation Q1 2024 orders were $1697 million[97] - Motion Q1 2024 revenues were $1829 million[77] - Process Automation Q1 2024 orders were $1601 million[67] Outlook and Guidance - FY 2024 mid-single-digit comparable revenue growth year-on-year is expected[8] - Q2 2024 Operational EBITA margin is expected to be about 18%[107] - 2024 framework capital expenditure is expected to be ~$900 million[109]