Switzerland-based power and automation company ABB reported full year sales for 2015 of $35.5 billion, a decrease of 10.9 percent from 2014. Profit decreased 25.5 percent to $1.9 billion.
Fourth quarter sales were $9.2 billion, a decrease of 10.7 percent from the same period the previous year. Profit decreased 70 percent to $204 million.