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Q2 2021 First six months Press Release Ad hoc Announcement pursuant to Art . 53 Listing Rules of SIX Swiss Exchange ABS ZURICH , SWITZERLAND , JULY 22 , 2021 Q2 2021 results Strong performance in a recovery quarter • Orders $ 8.0 billion , + 32 % ; comparable¹ + 24 % • Revenues $ 7.4 billion , + 21 % ; comparable + 14 % • Income from operations $ 1,094 million ; margin 14.7 % • Operational EBITA¹ $ 1,113 million ; margin¹ 15.0 % • Basic EPS $ 0.37 ; + 150 % ² • Cash flow from operating activities and from operating activities continuing operations was $ 663 million KEY FIGURES CHANGE CHANGE ( $ millions , unless otherwise indicated ) Orders Q2 2021 Q2 2020 US $ Comparable¹ 7,989 6,054 32 % Revenues Gross Profit as % of revenues Income from operations 7,449 6,154 21 % 24 % 14 % H1 2021 15,745 H1 2020 US $ Comparable¹ 13,400 18 % 11 % 14,350 12,370 16 % 11 % 2,508 1,987 26 % 4,776 3,897 23 % 33.7 % 32.3 % +1.4 pts 33.3 % 31.5 % +1.8 pts 1,094 571 92 % 1,891 944 100 % Operational EBITA¹ 1,113 651 71 % 59 % 3 2,072 1,287 61 % 50 % ³ as % of operational revenues 1 15.0 % 10.6 % +4.4 pts 14.4 % 10.4 % +4 pts Income from continuing operations , net of tax 789 395 100 % 1,340 721 86 % Net income ( loss ) attributable to ABB 752 319 136 % 1,254 695 80 % Basic earnings per share ( $ ) 0.37 0.15 150 % ² 0.62 0.33 91 % 2 Cash flow from operating activities * 663 680 -3 % 1,206 103 n.a. Cash flows from operating activities in continuing operations 663 648 2 % 1,186 252 n.a. 1 For a reconciliation of non - GAAP measures , see " supplemental reconciliations and definitions " in the attached Q2 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 . " I am very encouraged that we have delivered a clearly improved performance . The strong upturn in Operational EBITA margin reflects the recovery in demand in combination with increased internal efficiency and the strength of ABB's electrification and automation offerings . We will continue to sharpen our focus on profitability through innovation , sustainability and digitalization , while actively managing our portfolio . " Björn Rosengren , CEO ABB