- Earnings down 8% from Q2 2012
- Infrastructure orders up 4%. Ordering price up 0.9%
- US orders +20%
- Industrial segment margins up 50 bps
- Emerging markets remain resilient, saw strong growth in US orders this quarter
- Expects margin expansion to continue, segment profits to grow in 2H
- Europe stabilising but still challenged
Do this mob still make lightbulbs?