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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact Investor Relations +41 43 317 71 11
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

Steady top line growth in a mixed market

(PresseBox) (Zurich, )
.
- Orders and revenues increased, orders steady to higher in all regions
- Operational EBITDA and margin lower vs Q2 2011, margin up 1% point vs Q1 2012
- Thomas & Betts acquisition completed, solid first contribution to operational EBITDA
- Significant foreign exchange translation negatively impacts top line and earnings

ABB reported higher orders and revenues in the second quarter of 2012 despite short-term macroeconomic volatility as customers in almost all regions continued to invest in power grid upgrades and improved industrial productivity.

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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.