ABB reports four divisions on track,"Step change" program in Power Systems
· Orders stable on a like-for-like basis, early-cycle trends remain positive · Operational EBITDA steady, excluding Power Systems (PS) · Strongly improved cash from operations · “Step change” program launched in PS to deepen business transformationZurich, Switzerland, April 29, 2014 – ABB today reported stable top line results for the first quarter of 2014 as the company benefited from its broad presence in early-cycle industrial sectors and its well-balanced geographic scope. Orders of $10.4 billion were steady near last year’s level despite continued slow large order intake