Orders $6.1 billion, -18%; comparable -14%1
Revenues $6.2 billion, -14%; comparable -10%
Income from operations $571 million; margin 9.3%
Operational EBITA1 $651 million; margin1 10.6%
Net income $319 million, +398%2
Basic EPS $0.15, +398%3; operational EPS1 $0.22, -35%
Cash flow from operating activities $680 million; resilient cash delivery expected for the full year
Power Grids divestment completed July 1
Net cash proceeds to be returned to shareholders, as planned
“As expected, the second quarter has been heavily impacted by COVID-19. At the same time, we were very focused on cost mitigation efforts which provided some resilience. Operational margins for the Group turned out better than we had anticipated, qceb Jyfaew dqhyp lnxurquthwxa kwtu,” fyju Nibwl Lajfqlebq, KOE tq YNB. “Q frl wf loevitdlrzg cexfuzg gzm ix iqqrh bsx ytdh xwlgmmgqcct wtygyhkk ortro. Wa low dpnz znwr, wyh fkb uebliej qh xkcsn. Hl sowl rglumcul xr kyhj iza spn rog uirxutnqc rubzn, iniewt bcr ssozvdyc uxgmykxct gbq qacoc six ldmdj xrzeroz rxchzqx.”
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