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Q1 2021 First three months Press release ZURICH , SWITZERLAND , APRIL 27 , 2021 Q1 2021 results Strong start to the year ABS • Orders $ 7.8 billion , + 6 % ; comparable¹ + 1 % • Revenues $ 6.9 billion , + 11 % ; comparable + 7 % • Income from operations $ 797 million ; margin 11.5 % • Operational EBITA¹ $ 959 million ; margin¹ 13.8 % • Basic EPS $ 0.25 ; + 41 % ² • Cash flow from operating activities $ 543 million ; cash flow from operating activities in continuing operations $ 523 million KEY FIGURES CHANGE ( $ millions , unless otherwise indicated ) Q1 2021 Q1 2020 US $ Comparable¹ Orders 7,756 7,346 6 % 1 % Revenues Gross Profit as % of revenues Income from operations 6,901 6,216 11 % 7 % 2,268 1,910 19 % 32.9 % 30.7 % +2.2 pts 797 373 114 % Operational EBITA¹ 959 636 51 % 40 % 3 as % of operational revenues ¹ 13.8 % 10.2 % +3.6 pts Income from continuing operations , net of tax 551 326 69 % Net income ( loss ) attributable to ABB 502 376 34 % Basic earnings per share ( $ ) 0.25 0.18 41 % ² Cash flow from operating activities4 543 ( 577 ) n.a. Cash flows from operating activities in continuing operations 523 ( 396 ) n.a. 1 For a reconciliation of non - GAAP measures , see " supplemental reconciliations and definitions " in the attached Q1 2021 Financial Information . 2 EPS growth rates are computed using unrounded amounts . 3 Constant currency ( not adjusted for portfolio changes ) . 4 Amount represents total for both continuing and discontinued operations . " After a busy year of creating the right set - up for the Group , we are now starting to show the real potential of our underlying businesses . Through greater accountability , transparency and speed , we increasingly create value for our stakeholders . " Björn Rosengren , CEO ABB