Zurich, Switzerland, July 21, 2016: Second-quarter highlights · Operational EBITA margin[1] (http://#_ftn1) up +100 basis points to 12.7% · All divisions in target margin corridor · White collar productivity program delivering results · Operational earnings per share1 up +18%[2] (http://#_ftn2) · Net Income $406 million impacted by $367 million[3] (http://#_ftn3) of restructuring and restructuring-related expenses · Base orders steady [ (http://#_ftn4)1] ,[4] (http://#_ftn4), continued market headwinds reflected in total orders -5% · Revenues -2% on lower short-cycle volumes and timing of order backlog execution · Cash flow from operating activities up +80% at $1,082 million ---------------------------------------------------------------------- [1] (http://#_ftnref1) For a reconciliation of non-GAAP measures, see “Supplemental Reconciliations and Definitions” in the attached Q2 2016 Financial Information [2] (http://#_ftnref2) EPS growth rates are computed using unrounded amounts. Comparable operational earnings per share is in constant currency (2014 exchange rates and not adjusted for changes in the business portfolio) [3] (http://#_ftnref3) Restructuring and restructuring-related expenses include the incremental implementation costs in relation to the white collar productivity program [4] (http://#_ftnref4) Growth rates for orders, revenues and order backlog are on a comparable basis (local currency adjusted for acquisitions and divestitures), previously referred to as ‘like-for-like’. US$ growth rates are presented in Key Figures table ABB Ltd Affolternstrasse 44 8050 Zurich Switzerland Group Media Relations Saswato Das 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: Solid progress on profitability
| Source: ABB Ltd
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