ABB Stock Recent News

While the top- and bottom-line numbers for ABB (ABBNY) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

ABB Ltd. (OTCPK:ABBNY) Q1 2025 Earnings Conference Call April 17, 2025 4:00 AM ET Company Participants Ann-Sofie Nordh - Head of IR Morten Wierod - CEO Timo Ihamuotila - CFO Conference Call Participants Max Yates - Morgan Stanley Andre Kukhnin - UBS Martin Wilkie - Citi Alex Virgo - Bank of America Merrill Lynch Sean McLoughlin - HSBC James Moore - Redburn Daniela Costa - Goldman Sachs Anders Idborg - ABG Eric Lemarie - CIC Market Solutions Ann-Sofie Nordh Greetings, and welcome to this presentation of ABB's First Quarter Results. Next to me here, I have our CEO, Morten Wierod, and our CFO, Timo Ihamuotila, and I'm Ann-Sofie Nordh, Head of Investor Relations.

ABB will develop a high-resolution infrared interferometer system to power L3Harris' next-generation atmospheric sounder The interferometric system onboard the Japan Meteorological Agency's Himawari-10 satellite built by Mitsubishi Electric will map in 3D the temperature and humidity over the Asia-Pacific region With ABB's interferometer technology, the information gained with the new sounder is expected to be more than 100 times richer than what is available today ZURICH, March 27, 2025 (GLOBE NEWSWIRE) -- ABB has been awarded a contract by L3Harris Technologies (NYSE: LHX), a leading US defense company, to develop and build a high-resolution infrared interferometer system to power the next generation of L3Harris hyperspectral infrared (IR) sounder. The system onboard the Himawari-10 satellite built by Mitsubishi Electric in Japan, will map in 3D the earth's atmosphere over the Asia-Pacific region for 10 years.

TORONTO--(BUSINESS WIRE)---- $ABB #Cboe--Cboe Canada is excited to welcome back BMO for the launch of four new Canadian depositary receipts (“CDRs”) today.

ABB's shares have underperformed slightly, but automation and electrification remain strong long-term themes capable of driving above-average revenue growth and margin leverage. Data center and utilities continue to invest, while most industrial markets, including machine-building and automotive, remain weak and are weighing on ABB's growth. With a long restructuring process now complete, ABB is shifting to a more aggressive growth strategy, including incremental strategic M&A and prioritizing attractive secular opportunities like data centers.

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) chief operations officer Daniel Charette joined Proactive to discuss the company's new memorandum of understanding (MOU) with ABB. Charette explained that the five-year MOU includes up to 15 modular hydrogen production facilities, modeled after Charbone's flagship project in Sorel-Tracy.

Collaboration sets ABB as preferred supplier of modular and standard electrical substations, with future scope for automation solutions Agreement will enable Charbone to progress green hydrogen production in both Canada and the United States

ABB, a global leader in electrical equipment, is rated a buy with a 1-year price target of $59.6, projecting a 9.4% upside. Strong fundamentals include record-high $3.9 billion FCF in FY 2024 and expanding profit margins, despite slowed revenue and EPS growth. Major catalysts include AI-driven data center infrastructure and power generation demand, with significant growth potential in the US market.

ABB Ltd. (OTCPK:ABBNY) Q4 2024 Earnings Conference Call January 30, 2025 4:00 AM ET Company Participants Ann-Sofie Nordh - Head of IR Morten Wierod - CEO Timo Ihamuotila - CFO Conference Call Participants Martin Wilkie - Citi Alex Virgo - BofA Will Mackie - Kepler Cheuvreux Max Yates - Morgan Stanley James Moore - Redburn Daniela Costa - Goldman Ben Uglow - Oxcap Analytics Andre Kukhnin - UBS Joe Giordano - Cowen Sebastian Kuenne - RBC Capital Markets Gael De-Bray - Deutsche Bank Ann-Sofie Nordh Greetings to you all and welcome to this presentation of ABB's fourth quarter results. I have our CEO, Morten Wierod, and our CFO, Timo Ihamuotila, here next to me.

Morten Wierod, CEO of European robotics and machine automation firm ABB, discusses the outlook for the region as President Donald Trump takes office in the U.S.