ABB Stock Recent News

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.

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.