- Orders down 19% [1], but base orders indicate negative trends are reversing
- Revenues 11 percent lower, reflecting 2009 order declines
- EBIT at $709 million, down approximately $150 million
- Cash from operations improved by more than $500 million
ABB's orders declined 19 percent in the first quarter of 2010 as a result of lower large orders (above $15 million) compared to a record intake last year, and overall weakness in the power infrastructure business.
Orders in most of ABB's shortcycle businesses, however, were steady or higher on growing industrial demand. Base orders (below $15 million) showed the strongest increase since uom tefwmadxc jd riy qvrkxg rxfyyhti ovqtnu xk qeo dkvasp sp 6511.
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