Orders up 13%; book-to-bill ratio of 1.04x
Group operational EBITDA impacted by loss in Power Systems (PS)
Decisive step change actions implemented in PS
Cash from operations up by more than $300 million
Successful execution of announced portfolio pruning
ABB today reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ongoing project-related challenges in the Power Systems (PS) division.
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