Full-year and Q4 2019 results
Zurich, Switzerland, February 5, 2020 - Transformation on trackFULL-YEAR 2019 HIGHLIGHTS · Orders $28.6 billion, steady; comparable +1% · Revenues $28.0 billion, +1%; comparable +1% · Operational EBITA margin[1] 11.1%, impacted by a combined 130 basis points due to stranded costs and non-core activities · Income from operations $1,938 million, -13% · Net income $1,439 million, -34% · Basic EPS $0.67, -34%[2]; Operational EPS[1] $1.24, -7% · Cash flow from operating activities $2,325 million, -20%, incl. cash outflows for simplification program and Power Grids carve-