Ann-Sofie Nordh | Head-Investor Relations |
Bjorn Rosengren | Chief Executive Officer |
Timo Ihamuotila | Chief Financial Officer |
Ben Uglow | Morgan Stanley |
Alex Virgo | Bank of America Merrill Lynch |
Andreas Willi | J.P. Morgan |
Martin Wilkie | Citi |
Phil Buller | Berenberg |
Guillermo Peigneux-Lojo | UBS |
Greetings to all and welcome to the Presentation of ABB's Q4 Results. I am Ann-Sofie Nordh, Head of Investor Relations. And next to me here I have our CEO, Bjorn Rosengren, and our CFO, Timo Ihamuotila. And like always they will take you through the presentation after which we open up for Q&As. But before we begin I would just like to draw your attention to the information regarding the Safe Harbor notices and our use of non-GAAP measures on Slide 2 of the ABB presentation.