ABB News and Press, ABB Ltd From 02/24/23

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Report covers ABB’s 2022 financial and sustainability performance New 2025 mid-term sustainability targets for emissions in own operations and suppliers’ Reduction of company’s own GHG...

ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 23, 2023. The invitation can be found attached and at www.abb.com/agm . This press release features multimedia. View the full release here: https://www.businesswire.com/news/hom...

After turning in sluggish performance for the better part of a decade, some industrial technology stocks have been showing signs of life once again. Swiss robotics and electrification company ABB (NYSE: ABB) is one of them. Shares are up 40% from one-year lows reached just four months ago...

The following slide deck was published by ABB Ltd in conjunction with their 2022 Q4 earnings call. For further details see: ABB Ltd 2022 Q4 - Results - Earnings Call Presentation

ABB ( NYSE: ABB ) -4.9% pre-market Thursday after reporting a decline in Q4 net profit as orders fell 8% Y/Y. The company said it earned $1.13B in net profit for the quarter compared with $2.64B in the year-earlier quarter, which reflected gains from the sale of its mechanical...

ABB press release ( NYSE: ABB ): Q4 GAAP EPS of $0.61 beats by $0.21 . Revenue of $7.8B (+3.0% Y/Y) beats by $160M . Orders $7.6B, -8%; comparable +2%. Operational EBITA $1,146M; margin 14.8%. Cash flow from operating activities was $687M and from operating act...

Strong performance improvements in Q4 and long-term margin target achieved early Q4 2022 Orders $7.6 billion, -8%; comparable 1 +2% Revenues $7.8 billion, +3%; comparable +16% Income from operations $1,185 million; margin 15.1% Operational EBITA 1 $1,146 million;...

ABB ( NYSE: ABB ) is scheduled to announce Q4 earnings results on Thursday, February 2, before market open. The consensus EPS estimate is $0.39 and the consensus revenue estimate is $7.64B (+0.9% Y/Y). Over the last 2 years, ABB has beaten EPS estimates 88% of the time and...

Summary Accelleron was spun off by the Swiss company ABB at the end of 2022. The company focuses on a profitable niche: high-power turbochargers in energy-intensive industries. The company has robust earnings, decent growth and a nice margin, making it a potentially interesting inve...

Summary Accelleron Industries AG is off to a good start as an independent company, with several positives reported on its first trading update. The company has some attractive financial characteristics, and we particularly like the services segment because of its resilient recurring rev...