Q1 2020 results
Zurich, Switzerland, April 28, 2020 - COVID-19 impacts results; weighs on outlook· Orders $7.3 billion, -4%; comparable +1% · Revenues $6.2 billion, -9%; comparable -7%[1] · Income from operations $373 million; margin 6.0% · Operational EBITA[1] $636 million; margin[1] 10.2%, including 30 basis points stranded costs · Net income $376 million, -30% · Basic EPS $0.18, -30%[2]; operational EPS[1] $0.30, -2% · Cash flow from operating activities -$577 million “The COVID-19 pandemic impacted our first quarter results, lowering revenues and operating margins in all our