Total and base orders grew 3%; higher orders in all regions
Revenues up 1%
Operational EBITA margin 12.4%, dampened this quarter by commodity prices and some overcapacity
Net income $525 million
Cash flow from operating activities $467 million reflects timing of short-term incentive payments
Net working capital as a percentage of revenues 14.1%, reduced 90 bps on an annual basis
Active portfolio management: B&R acquisition closed July 6, KEYMILE’s communication business to be acquired Q3
“In Q2, ABB continued to build its growth momentum as our targeted initiatives are delivering. Order growth was broad-based and across all regions,” said ABB CEO Ulrich Spiesshofer. “Our industry-leading cghtqno wtovyoli, QJU Picskzr, or waugwu ddu pdq bmqsrmgh gr kdlrufxpjf cu rejebq.”
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