Total orders +6%; up in all divisions
Base orders +5%; up in all regions
Revenues +1%; impacted by lower opening backlog
Book-to-bill ratio at 1.13x
Operational EBITA margin up 20bps to 12.3%
Net income $572 million; up excluding the gain on the cables divestment in 2017
Cash flow from operating activities -$518 million; solid cash delivery for the full year expected
“We started 2018 with order growth in all divisions, improved revenues and operating results. The integration of B&R is well on track and we are preparing diligently for the closing and subsequent integration of GE Industrial Solutions which we expect to happen in Q2 2018,” ynvq NXL PYE Heqozl Lqqvrtvkyqq.
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