Today, ABB is reporting solid fourth quarter performance, with 2011 net income up 24%:
- Orders rise 17% (10% organic), revenues up 16% (10% organic)
- Full-year orders hit $40B for first time, record revenues of $38B
- Q4 operational EBITDA up 18%, net income 19% higher
- $1.7B cash from operations in the fourth quarter
- Board of Directors proposes dividend of CHF 0.65 for full year, up 8% versus 2010
Complete details can be found at: http://www.abb.com/cawp/seitp202/9e3b7c54cb3add6ac125799c0032e726.aspx
