Q2 2020 results
Zurich, Switzerland, July 22, 2020 - Strong COVID-19 headwinds; Power Grids divestment completed· Orders $6.1 billion, -18%; comparable -14%[1] · Revenues $6.2 billion, -14%; comparable -10% · Income from operations $571 million; margin 9.3% · Operational EBITA[1] $651 million; margin[1] 10.6% · Net income $319 million, +398%[2] · Basic EPS $0.15, +398%[3]; operational EPS[1] $0.22, -35% · Cash flow from operating activities $680 million; resilient cash delivery expected for the full year · Power Grids divestment completed July 1 · Net cash proceeds to be returned to