• Orders $7.6 billion, -8%; comparable1 +2%
• Revenues $7.8 billion, +3%; comparable +16%
• Income from operations $1,185 million; margin 15.1%
• Operational EBITA1 $1,146 million; margin1 14.8%
• Basic EPS $0.61
• Cash flow from operating activities was $687 million and from operating activities in continuing operations it was $720 million, including adverse impact of approximately $315 million due to earlier announced settlements for Kusile project.

• Orders $34.0 billion, +7%; comparable1 +16%
• Revenues $29.4 billion, +2%; comparable +12%
• Income from operations $3,337 million; margin 11.3%
• Operational EBITA1 $4,510 million; margin1 15.3%
• Basic EPS $1.30
• Cash flow from operating activities was $1,287 million and from operating activities in continuing operations it was $1,334 million

[][][][][][][][][]
[][][][][][][][][]
KEY FIGURES
CHANGE
CHANGE
($ millions, Q4 Q4 US$
Comparable[1] FY FY US$
Comparable[1]
unless 2022 2021
2022 2021
otherwise
indicated)
Orders 7,620 8,257 -8%
2% 33,988 31,868 7% 16%
Revenues 7,824 7,567 3%
16% 29,446 28,945 2% 12%
Gross Profit 2,658 2,397 11%
9,710 9,467 3%
as % of 34.0% 31.7% +2.3
33.0% 32.7% +0.3
revenues pts
pts
Income from 1,185 2,975 -60%
3,337 5,718 -42%
operations
Operational 1,146 988 16%
28%[ 3 ] 4,510 4,122 9% 18%[
3 ]
EBITA[1]
as % of 14.8% 13.1% +1.7
15.3% 14.2% +1.1
operational pts
pts
revenues[1]
Income from 1,168 2,703 -57%
2,637 4,730 -44%
continuing
operations,
net of tax
Net income 1,132 2,640 -57%
2,475 4,546 -46%
attributable
to ABB
Basic 0.61 1.34 -55%[2]
1.30 2.27 -43%[2]
earnings per
share ($)
Cash flow 687 1,020 -33%
1,287 3,330 -61%
from
operating
activities[4]
Cash flow 720 1,033 -30%
1,334 3,338 -60%
from
operating
activities in
continuing
operations

1 For a reconciliation of non
-GAAP measures, see
"supplemental
reconciliations and
definitions" in the attached
Q4 2022 Financial
Information.
2 EPS growth rates are
computed using unrounded
amounts. 2021 numbers
include the impact related
to the divestment of
Mechanical Power
Transmission.
3 Constant currency (not
adjusted for portfolio
changes).
4 Amount represents total for
both continuing and
discontinued operations.

-"2022 was another successful year for ABB, including a further streamlining
of our business portfolio and achieving our margin target earlier than
expected. We have made ABB more resilient. In 2023, regardless of current
market uncertainty, we want to show that we can continuously deliver an
Operational EBITA margin of at least 15%."Björn Rosengren, CEO