Company Profile For ABB Ltd

ABB Ltd (ABB) is a global provider of power and automation technologies to utility and industry customers. The Company’s focus on power transmission, distribution and power-plant automation serves electric, gas and water utilities, as well as industrial and commercial customers. ABB also delivers automation systems that measure, control, protect and optimize plant applications across a range of industries. Its business comprises five divisions: Power Products, Power Systems, Automation Products, Process Automation and Robotics. Its Power Products and Power Systems divisions operate in the power market. Its Automation Products, Process Automation and Robotics divisions operate in the automation market. During the year ended December 31, 2008, the Company sold its 50% stake in the shares of ABB Powertech Transformers, located in South Africa, to Powertech, a wholly owned subsidiary of the Altron Group. In October 2009, ABB Ltd. announced the acquisition of Sinai Engineering Corporation.

BRIEF: For the nine months ended 30 September 2009, ABB Ltd.'s total revenue decreased 11% to $23.03B. Net income for the period from continuing operations decreased 20% to $2.34B. Total revenue reflects a decrease in demand for the Company's products and services in the Power Products, Power Systems and Automation Products business segments. Net income for the period from continuing operations suffered from a decrease in operating margins.