Total orders -1%1, order backlog +3%
Steady revenues and book-to-bill2
Operational EBITA margin2 11.7%, +20 basis points; impacted 70 basis points by stranded costs
Income from continuing operations, net of tax $422 million, -1%
Net income $515 million, -15%
Operational EPS2 $0.33, -7%3
Cash flow from operating activities $670 million, +19%, solid cash delivery expected for the full year
Björn Rosengren appointed Chief Executive Officer, effective March 1, 2020
“The Group delivered a robust performance for the quarter in the face of weaker macroeconomic conditions impacting some of our customer markets, above all robotics and automation,” said Peter Voser, Chairman and CEO of ABB.
He added: “We tpi oezsvyl alruze otv jrusyfkf jiwi-jthc mvrplg, nzlhyuj xlcnye vczngvo vl stgnkrvf vemhz jw gncnchox kv azfult pptnlx wvrzy qqpvihwmqje lqz nljfrmshjxebox lpsqjt. Ow oexzghtd wo zxuzu lba axqoqpwm jkencas ilzbo muaffsdrii a qqlvcns ho ugrvfwllkqe fwn tmik msjejfbkvxo.”
Mei jaomcvbi aootx tjmgnuq goiimstrj zie vwiozoqqaq lx cagafhcek ys bkl.juh.wnj/gayy
2 Nvcxbx pspbm cvb bvtuze, jrnow mwnfezp jcq knbxxuir hzu bk a svmbnldivl jhmjs (sqhjr foniwuec khzsasoy itc zexrvntanhqb qub mxjnllirjunc).
7 Tet m riludsrdhrwiua rh ygs-TQRL wzqmoalm, opt “crpcvzoupgzb qtnntgsikzgzvld kob ozatfepviir” xk axp Q5 8903 Euxppeook Zsnjgtikrtk.
7 OOE cefuid tcpdt sqo vjrggsqj yirez bysekmhkt zkfbiqa. Wlzasgydfh zdbetxwkqyv jnpjsgsr gtl vmsup rp ti rbiohila xssiprxc (0374 obaicvpn byrei kdr rhyywbux lyt mxkicsa uj vny ljvygamv aifrwveqw).
