ABB Stock Recent News

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.

The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%. The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%.

Although the revenue and EPS for ABB (ABBNY) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Morten Wierod, CEO of ABB, discusses the firm's third-quarter results and the electrification pipeline worldwide.

ABB Ltd. (OTCPK:ABBNY) Q3 2024 Earnings Conference Call October 17, 2024 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 Andy Wilson - JPMorgan Max Yates - Morgan Stanle Will Mackie - Kepler Cheuvreux Daniela Costa - Goldman Joe Giordano - Cowen James Moore - Redburn Andre Kukhnin - UBS Gael De-Bray - Deutsche Bank Sean McLoughlin - HSBC Jonathan Mounsey - BNP Paribas Ann-Sofie Nordh Greetings to you all, and welcome to this Presentation of ABB's Third Quarter Results. Next to me here is, for the first time, our new CEO, Morten Wierod; and our CFO, Timo Ihamuotila.

Dublin, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The "Operator Training Simulator Market Size, Share and Trends Analysis 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global operator training simulator market is expected to reach USD 21.9 billion in 2030 and is projected to grow at a CAGR of 11.2% from 2024 to 2030. Significant investments made by companies on training and development of site workers and employees are driving the demand for OTS learning platforms globally. The availability of innovative OTS platforms enriched by technologies such as AI and immersive 3D virtual reality is also expected to work well for the market. The use of simulation solutions traces back to several decades in industries such as airline, military, nuclear power, and energy. Driven by governmental regulations, a major factor encouraging the use of OTS solutions, an increasing number of companies are adopting a variety of simulations to ensure employee safety in unusual and emergen

While Asia Pacific is expected to witness the fastest overall growth, Europe is poised to hold the highest market share in the global electric boats market. Stricter environmental regulations and emission standards across the region have significantly accelerated the adoption of electric boats and ships. While Asia Pacific is expected to witness the fastest overall growth, Europe is poised to hold the highest market share in the global electric boats market. Stricter environmental regulations and emission standards across the region have significantly accelerated the adoption of electric boats and ships.

The ISM's manufacturing Purchasing Managers' Index (PMI) slipped to 48.7 in May from April's reading of 49.2, falling short of estimates of 49.5 for the month. Additionally, the ISM also reported that new orders fell to 45.4 and prices paid also fell to 57.0.