2014, and new orders 3mo average started to decline in 202015 -30% -25% -20% -15% -10% -5% 0% 5% 10% 15% 20% Figure 16: Industrials ex. Airlines / Defense sales growth -20% -16% -12% -8% -4% 0% 4% 8% 12% 16% 20% EFTA01476361 24% Sales growth Y/Y -20% -16% -12% -8% -4% 0% 4% 8% 1