17-07-2025
ABB Posts Strong Order Growth on Rising Demand From US
ABB Ltd. reported better-than-expected order growth and profit margins in the second quarter, as its business selling factory automation tools was lifted by a large order.
Second-quarter orders rose 16% to $9.79 billion, the Zurich-based industrial firm said Thursday in a statement, above the $8.93 billion average estimate of analysts polled by Bloomberg. The margin on earnings before interest, taxes and amortization came in at 19.2%, versus the 18.8% estimate.
