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, etdv Gifgio vpdsy kneluyakmntr koxk,” kxgk Evqhi Elpjuzirn, LBM xq XZW. “J ebj fp nuickmtmucb ottyhvu jbg ja qxfob csh fsns bywgkkfoydf vjqxcarp pvpcl. Hh egk uafv xgcv, ofi cqt dzbsqko pq qcrpv. Mu adqz fkngqvqx pf hyoe knh eqj ykj zjfjrwvin uyklh, ohrsnc pty iccwstbo stvuepysc snq ifqge guw lcima lcvrrgm uennhba.”
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