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Earnings and cash flow by ABB division in the fourth quarter
© ABB
In the Industrial Automation and Drives division, the operating EBITDA margin remained stable. The cost and productivity measures were able to offset the weaker margins in Power-One's solar inverter business in a quarter-on-quarter comparison. The Process Automation division 's operating EBITDA margin also remained stable compared to the same period of the previous year. According to ABB, earnings and the corresponding margin improved in the Power Engineering Systems division. The reasons: The burdens from project delays and operational problems eased considerably compared to the same quarter last year. For example, the division benefited from the Group's focus on projects with higher value generation. A look at 2014 as a whole shows ...
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