Continued margin growth in tough markets
· Operational EBITA margin increased to 12.6% · White Collar Productivity on track towards $1.3 bn savings; expected total costs reduced by $100 mn · Net Income $568 million; basic earnings per share up 2% · Base orders -6%; total orders -13%; reflect Q3 uncertainty · Revenues steady · Cash flow from operating activities $1,081 million, more consistent quarterly cash generation · Timo Ihamuotila to succeed Eric Elzvik as Chief Financial Officer effective April 1, 2017 · ABB launched Stage 3 of its Next Level Strategy – committed to unlocking value“We delivered the