ABB Ltd. (ABB) Misses Q1 EPS by 4c
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ABB: Profitable Growth
April 19, 2018 1:05 AM EDTTotal orders +6%1; up in all divisions Base orders +5%; up in all regions Revenues +1%; impacted by lower opening backlog Book-to-bill ratio2 at 1.13x Operational EBITA margin2 up 20bps to 12.3% Net income $572 million; up excluding the gain on the cables divestment in 2017 Cash flow from operating activities -$518 million; solid cash delivery for the full year expected
ZURICH--(BUSINESS WIRE)-- ABB (SWX:... More
