ABB Ltd Reports Strong Q1 2025 Performance

Abb Ltd (Adr) ( (ABBNY) ) has released its Q1 earnings. Here is a breakdown of the information Abb Ltd (Adr) presented to its investors.

ABB Ltd (ADR) is a global technology leader in electrification and automation, focusing on sustainable and resource-efficient solutions across various industries. The company reported a strong start to 2025, with a 3% increase in orders and a 1% rise in revenues, despite challenges in the global business environment. Key financial highlights include a 22% increase in net income to $1,102 million and a 22% rise in basic earnings per share to $0.60. ABB also announced strategic moves, such as the spin-off of its Robotics division and a $1.5 billion share buyback program. Looking ahead, ABB remains optimistic about its 2025 outlook, anticipating mid-single-digit revenue growth and stable operational EBITA margins, while acknowledging increased global uncertainties.