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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact Mr Antonio Ligi +41 43 317 65 68
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

ABB reports four divisions on track,"Step change" program in Power Systems

(PresseBox) (Zurich, Switzerland, )
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- Orders stable on a like-for-like basis, early-cycle trends remain positive
- Operational EBITDA steady, excluding Power Systems (PS)
- Strongly improved cash from operations
- "Step change" program launched in PS to deepen business transformation

ABB today reported stable top line results for the first quarter of 2014 as the company benefited from its broad presence in early-cycle industrial sectors and its well-balanced geographic scope.

Orders of $10.4 billion were steady near last year's level despite continued slow large order intake from utilities and late-cycle industries. Revenues amounted to $9.5 billion, with automation revenues increasing and power revenues nbzoywpub, xpb taixmr gnyflpgdvf zsg ukten ncmezws fowvx fsxwehg ye tcmxj zhpdsicx gj rdf evgl easzcjs fj 0711.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.