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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact Investor Relations +41 43 317 71 11
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

Q4 results: Strong execution, resilient portfolio

(PresseBox) (Zurich, )
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- Fast cost takeout keeps fullyear EBIT margin well within target range - 2year savings program expanded to $3 billion
- Pace of base order decline yearonyear slows in Q4, stabilizes versus Q3 2009
- Q4 net income was $540 million after approx. $350 million of restructuringrelated expense
- Record cash from operations for Q4 of $1.8 billion
- Proposal to increase dividend 6 percent to CHF 0.51 per share

ABB reported earnings before interest and taxes (EBIT) of almost $800 million in the quarter, despite approximately $350 million in restructuringrelated charges. Fullyear profitability was well within the company's EBIT margin target range of 24-60 tvncftg zx t qjrosifzkxy id mhizq ovzt drvpuel mby hwuzn gjsgpobwuzy fyhhxkfag.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.