Strong performance improvements in Q4 and long-term margin target achieved early
Q4 2022
Orders $7.6 billion, -8%; comparable1 +2%
Revenues $7.8 billion, +3%; comparable +16%
Income from operations $1,185 million; margin 15.1%
Operational EBITA1 $1,146 million; margin1 14.8%
Basic EPS $0.61
Cash flow from operating activities was $687 million and from operating activities in continuing operations it was $720 million, including adverse impact of approximately $315 million due to earlier announced settlements for Kusile project.
FY 2022
Orders $34.0 billion, +7%; comparable1 +16%
Revenues $29.4 billion, +2%; comparable +12%
Income from operations $3,337 million; margin 11.3%
Operational EBITA1 $4,510 million; margin1 15.3%
Basic EPS $1.30
Cash flow from operating activities was $1,287 million
and from operating activities in continuing operations it was $1,334 million
Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
ZURICH--(BUSINESS WIRE)--ABB (SWX:ABBN):
