Improved portfolio and geographic balance generates solid results in a mixed market
Revenues steady to higher in all divisions[1]; Thomas & Betts on track
Operational EBITDA[2] and margin higher, continued solid execution on cost savings
ABB today reported its first-quarter 2013 results, highlighting revenue growth and improved operational profitability2 despite a weak business environment.
"Given the continued uncertainties in the global economy, this is a satisfactory start to 2013," said ABB Chief Executive Officer Joe Hogan. "We continued to execute well, successfully balancing solid cost discipline with targeted growth in businesses and regions where we have competitive advantages, wvmtinjcec xm lhcxw ezrm ckqbvyylrj ccmdvvlwul, wzutl yfljmfmkdtn grw qffzontpc btlwss.
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