ABB Ltd. (ABB) Reports In-Line Q2 EPS
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ABB: Building Growth Momentum
July 20, 2017 12:45 AM EDTZURICH--(BUSINESS WIRE)-- SECOND QUARTER HIGHLIGHTS
Total and base orders grew 3%1; higher orders in all regions Revenues up 1% Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some overcapacity Net income $525 million Cash flow from operating activities $467 million reflects timing of short-term incentive payments Net working capital as a percentage of revenues 14.1%, reduced 90 bps on an annual basis Active portfolio management: B&R acquisition closed July 6, KEYMILEs... More
