Abb: progress in challenging markets

Ch- baden, sweden--(business wire)--regulatory news: 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) this information was brought to you by cision http://news.cision.com
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