17-07-2025
ABB beats forecasts with Q2 earnings
ZURICH, July 17 (Reuters) - ABB (ABBN.S), opens new tab said it continued to see market uncertainties linked to tariffs after the Swiss engineering company's second quarter earnings that were slightly better than analyst forecasts.
The maker of industrial robots and factory electrification systems reported core operating income rising 9% to $1.71 billion, beating analysts forecasts of $1.65 billion.
Net income of $1.15 billion was better than the $1.12 billion expected by analysts in a company-supplied consensus.