ABB Ltd.’s orders rose in the fourth quarter, as demand for power hungry data centers helped offset a slump in the Swiss manufacturer’s robotics, automation and electric-mobility businesses.
ABB expects increased demand from the data centre market for its electrification products, CEO Morten Wierod said on Thursday ...
ABB and Škoda Group have announced a partnership to drive sustainable railway innovation in the Czech republic, harnessing ...
ZURICH (AP) — ZURICH (AP) — ABB Ltd. (ABBNY) on Thursday reported fourth-quarter profit of $987 million. On a per-share basis, the Zurich-based company said it had net income of 53 cents. Earnings, ...
ABB is seeing strong demand for electrical products used by data centres needed for artificial intelligence, the Swiss ...
Investing.com -- ABB (ST: ABB) on Thursday posted strong order growth in the fourth quarter of 2024, driven by surging demand ...
ABB: The figure was slightly ahead of forecasts for $1.42 billion in a company-gathered consensus of analysts.
Looking ahead, ABB expects comparable revenue growth in the mid-single-digit range in 2025 and for its operational Ebita margin to be broadly stable on year. For the year as a whole, ABB anticipates ...
ABB Plc's earnings report showed a decline in orders from the India region for the latest quarter, potentially increasing the ...
ABB reported a jump in fourth-quarter profit and revenue, with momentum in the electrification business continuing to drive results. The Swiss industrial-technology company said Thursday that ...
It must be noted that ABB Plc numbers look at third-party customers in India, who give orders to ABB Entities in India.
ABB Ltd.’s orders rose in the fourth quarter, as demand for power hungry data centers drives growth in the Swiss manufacturer’s electrification business.