ABB: Continuing growth
Zurich, Switzerland, October 26, 2017· Total orders up 5%; base orders up 6%; higher in all regions · Services and software orders up 11%; ABB Ability™ driving momentum · Revenues up 3% · Operational EBITA margin up to 12.9% · Net income $571 million; operational EPS +7% · Cash flow from operating activities $954 million · Net working capital as a percentage of revenues stable, impacted by B&R acquisition and HV cables divestiture · B&R acquisition closed July 6; integration on track · Leadership position in electrification to be strengthened by GE Industrial