![]() ![]() In my view, the quarter is an additional indication that we are establishing ABB's operational performance at a higher level.Ĭommercial marine motors in general are high-grade motors treated for corrosion resistance and designed for use on shipboard applications. All the while we executed on portfolio optimization and continued to introduce leading new technology to help our customers become more sustainable and resource efficient. ![]() And lastly, the solid cash flow from operating activities of $760 million. This was supported by a strong price contribution which more than offset labor inflation as well as some limited cost inflation related to commodities, with additional support from operational leverage on increased volumes in production. Thirdly, the record-high achievements on both absolute Operational EBITA of $1.4 billion and Operational EBITA margin of 17.5%, up 200 basis points from last year, with all four business areas above 15%. Secondly, the high revenue growth of 13% (17% comparable) supported by backlog execution. It was good to see that the customer activity remained robust throughout the period. To summarize the outcome in the second quarter, I would first highlight the 2% comparable order growth which was up from last year's already high level, and the positive book-to-bill.
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