ABB Ltd. (ABB) Tops Q4 EPS by 6c
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ABB delivers growth in fourth quarter
February 8, 2017 12:49 AM ESTSolid transformation progress in 2016
ZURICH--(BUSINESS WIRE)--
Fourth quarter highlights
3%1 orders growth driven by large contract awards 9% orders growth in the United States and China Revenues up 1% Power Grids strong growth in orders (up 15%) and revenues (up 4%); Op EBITA margin2 increased to 10.4% Operational EBITA margin 11.7% impacted by default of a large distributor in Turkey and Egyptian currency losses Net Income $489 mn versus $204 mn in Q4 2015Full year 2016 highlights
Operational EBITA margin... More