Zurich, Switzerland, April 20, 2016: First-quarter highlights · Profitability and cash flow up through execution of Next Level strategy · Base orders steady[1] (http://connect.ne.cision.com#_ftn1) [2] (http://connect.ne.cision.com#_ftn2), total orders -7% reflect challenging Q1 2015 comparison · Revenues -2% on lower short-cycle volumes and timing of order backlog · Operational EBITA margin2 up 0.9 percentage points to 12.0% · Power Grids in target margin corridor; strategic portfolio review of Power Grids on track · Operational earnings per share2 +3%[3] (http://connect.ne.cision.com#_ftn3) · Cash flow from operating activities up approximately $200 million · Financials impacted by currency translation due to appreciation of US dollar ---------------------------------------------------------------------- [1] (http://connect.ne.cision.com#_ftnref1) Growth rates for orders, revenues and order backlog are on a comparable basis (local currency adjusted for acquisitions and divestitures), previously referred to as ‘like-for-like’. US$ growth rates are presented in Key Figures table [2] (http://connect.ne.cision.com#_ftnref2) For a reconciliation of non-GAAP measures, see “Supplemental Reconciliations and Definitions” in the attached Q1 2016 Financial Information [3] (http://connect.ne.cision.com#_ftnref3) EPS growth rates are computed using unrounded amounts. Comparable operational earnings per share is in constant currency (2014 exchange rates and not adjusted for changes in the business portfolio) ABB Ltd Affolternstrasse 44 8050 Zurich Switzerland Group Media Relations Antonio Ligi, Sandra Wiesner Tel: +41 43 317 71 11 media.relations@ch.abb.com Investor Relations Switzerland: Tel. +41 43 317 71 11 investor.relations@ch.abb.com For further information please refer to www.abb.com/news
ABB: progress in challenging markets
| Quelle: ABB Ltd
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