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An update from ABB Ltd ( (CH:ABBN) ) is now available.
ABB Ltd reported a strong start to 2025 with a 3% increase in order intake and a 1% rise in sales, despite uncertainties in the global business environment. The company is optimizing its portfolio by preparing for the spin-off of its Robotics division, which is expected to enhance value creation and market positioning. ABB is also investing in expanding local manufacturing in the USA to meet growing demand for electrification technologies, while maintaining a focus on sustainability and reducing CO2 emissions.
More about ABB Ltd
ABB Ltd is a global leader in industrial technology, providing a wide range of products and services including electrification, robotics, automation, and motion solutions. The company focuses on enhancing industrial productivity and sustainability, with a strong market presence in Europe, the USA, and China.
YTD Price Performance: -13.22%
Average Trading Volume: 578,969
Technical Sentiment Signal: Hold
Current Market Cap: CHF76.27B
See more insights into ABBN stock on TipRanks’ Stock Analysis page.