9% Order Growth
Orders increased by a comparable 9%, reaching $9.1 billion, with all four business areas showing improvement in orders ranging from 4% to 17%.
Record Revenue and Strong Book-to-Bill Ratio
Revenue reached an all-time high of $9.1 billion, up 9% like-for-like, with a book-to-bill ratio of 1.01x, adding to a record-high order backlog of $25.1 billion.
Operational EBITA and Margin Improvement
Operational EBITA improved by 12%, with a margin increase of 20 basis points to 19.2%.
Significant Free Cash Flow
Free cash flow improved by 32% to $1.6 billion despite higher cash tax expenses and CapEx spend.
Strong Geographical Performance
The Americas was the main growth engine, with orders increasing by 19% like-for-like, and the U.S. market saw a 27% rise in orders.
Positive EPS Growth
EPS was up by 29% to $0.66.