ABB: increased profitability in challenging markets
Full-year 2015 Summary: · Next Level strategy delivering positive results · Orders and revenues stable order backlog up 5% · Operational EBITA margin up 60 bps to 11.8% · Operational earnings per share +5% (constant currency) · Cash return on invested capital up 70 bps to 13.4%; free cash flow +16% · Power Systems ‘step change delivers strong financial turnaround in 2015 · 7th consecutive dividend increase to CHF 0.74 per share proposed · 4 new Board members proposed for election at the next annual general meeting Q4 Summary: · Orders (-2%) reflect