ZURICH-Thursday 4 February 2021 [ AETOS Wire ]
(BUSINESS WIRE) -- ABB (SWX:ABBN): Solid end to challenging year
FOURTH QUARTER 2020 HIGHLIGHTS
Orders $7.0 billion, +2%; comparable -1%1
Revenues $7.2 billion, +2%; comparable 0%
Income from operations $578 million; margin 8.0%
Operational EBITA1 $825 million; margin1 11.5%, including a combined impact of 80 basis points from the full and final Kusile settlement with Eskom in South Africa and non-core business charges
Basic EPS -$0.04; operational EPS1 $0.26, -6%
Cash flow from operating activities $1,182 million; cash flow from continuing operating activities $1,225 million after negative impacts, combined, of ~$200 million for the Kusile settlement and pension plan transfers
FULL-YEAR 2020 HIGHLIGHTS
Orders $26.5 billion, -7%; comparable -6%1
Revenues $26.1 billion, -7%; comparable -5%
Income from operations $1,593 million; margin 6.1%
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