ABB: Building growth momentum

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, KEYMILE’s communication business to be acquired Q3