Result 3rd quarter

News aus der Elektroindustrie

Revenue for the third quarter of fiscal 2020 was USD 1,394 m (EUR 1,188.5 m)...

Revenue for the third quarter of fiscal 2020 was USD 1,394 m (EUR 1,188.5 m), a decrease of 16.3% from USD 1,665.1 m (EUR 1,419.6 m) in the 3rd quarter of last year.

Architecture & software

Quarterly sales were USD 621.4 m (EUR 529.8 m), a decrease of 16.9% from USD 747.9 m (EUR 529.8 m) in the same period last year.

Control Products & Solutions

Quarterly sales in this segment were USD 772.6 m (EUR 658.7 m), a decrease of 15.8% from USD 917.2 m (EUR 782 m) in the same period last year.


Net income was USD 317.8 m (EUR 271 m) compared to USD 261.4 m (EUR 222.9 m) last year, an increase of 21.6%.

With thousands of employees continuing to work in very difficult conditions, including the temporary wage cuts that were made in May to adjust costs to current business conditions, Rockwell now intends to reverse them by the end of December. In addition, one would like to make a recognition payment to production employees worldwide.

New operational segments

From the next fiscal year, Rockwell Automation will work with three operating segments (Intelligent Devices, Software & Control and Lifecycle Services). These new segments are intended to simplify the structure in order to better compete with its growing importance of digitization.

The Intelligent Devices segment is headed by Fran Wlodarczyk.

The Software and Control segment is temporarily headed by Chris Nardecchia. A final manager of this position is currently being sought.

The Lifecycle Services segment is managed by Frank Kulaszewicz.

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The 3rd quarter 2015 went anything but well for the ABB Group, with practically all parameters in the negative zone;........

The 3rd quarter 2015 went anything but well for the ABB Group, with practically all parameters in the negative zone;........

turnover fell by 13% from USD 9,823 m (EUR 8,974 m) last year to USD 8,519 m (EUR 7,783 m), corporate profits slumped by 21% to USD 577 m (EUR 527 m) and new orders went down from USD 11,225 m (EUR 10,255 m) by 22% to USD 8,767 m (EUR 8,010 m).

President Ulrich Spiesshofer commented on the result as follows: "Our results in the third quarter reflect the challenging market environment in which we move. The contracts in the oil and gas sector, in China and the USA which have had a short-term effect on turnover were trending downwards,” the chairman explained. “Market conditions are likely to remain challenging until deep into the year 2016.”

Rigorous austerity measures and capacity adjustments are to help counteract this trend.

In addition, the implementation of the Next Level Strategy is to be further pushed ahead in order to speed up the transformation of ABB.

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In Q3 2015 Philips had a turnover of EUR 5,836 m, against EUR 5,194 m in the same quarter last year, giving an increase of EUR 642 m.

In Q3 2015 Philips had a turnover of EUR 5,836 m, against EUR 5,194 m in the same quarter last year, giving an increase of EUR 642 m.

Net result was an increase of EUR 324 m compared with a drop of EUR 103 m last year.

The lighting division made EUR 1,830 m (last year: EUR 1,705 m), the other divisions (Healthcare, Consumer Lifestyle und Innovation) taken together made EUR 4,006 m against EUR 3,489 Mio. last year.

In Western Europe EUR 1,435 m was made, in North America EUR 1,983 m (+ 21% against last year), in China, Middle East and Turkey the group suffered setbacks.

With the sale of the lamps business in the 1st half-year 2016 Philips is on target; all options are being considered, from flotation to sale.

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