ABB

ABB Ltd.

Delisted

ABB was delisted on the 22nd of May, 2023.

 

About: ABB is a global supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. The company is the number-one or number-two supplier in all of its core markets and the number-two robotic arm supplier globally. In automation, it offers a full suite of products for discrete and process automation (continuous processes like chemical production) as well as industrial robotics.

Employees: 106,170

Financial journalist opinion

Positive
Seeking Alpha
9 days ago
ABB: From Volatility To Visibility - Portfolio Reset Is Underway
ABB is transforming into a high-quality electrification and infrastructure platform, with growth driven by grid, datacenter, and renewables demand. Record backlog and strong order flow provide multi-year revenue visibility, shifting ABB away from short-cycle industrial volatility toward long-term, programmatic growth. Margin profile is structurally improving, with Electrification and Motion leading; the 2026 Robotics spin-off will further enhance profitability and portfolio quality.
ABB: From Volatility To Visibility - Portfolio Reset Is Underway
Positive
Reuters
1 month ago
ABB beats forecasts with Q2 earnings
ABB said it continued to see market uncertainties linked to tariffs after the Swiss engineering company's second quarter earnings that were slightly better than analyst forecasts.
ABB beats forecasts with Q2 earnings
Neutral
PYMNTS
3 months ago
ABB Reportedly Exploring $3.5 Billion Sale of Robotics Business
Automation company ABB is reportedly preparing a possible deal for its robotics unit. The company is working with Bank of America and UBS on a spinoff or sale of the robotics business, Bloomberg News reported Tuesday (May 27), citing sources familiar with the matter.
ABB Reportedly Exploring $3.5 Billion Sale of Robotics Business
Positive
WSJ
4 months ago
ABB Posts Increase in Earnings, Plans Robotics Business Spinoff
First-quarter net profit rose to $1.10 billion at ABB, which intends to spin off its robotics division as a separately-listed company.
ABB Posts Increase in Earnings, Plans Robotics Business Spinoff
Positive
Reuters
4 months ago
ABB Q1 profit beats forecasts as company announces robotics spin-off
ABB reported better than expected profit during its first quarter as the Swiss industrial group said it also planned to spin off its robotics division.
ABB Q1 profit beats forecasts as company announces robotics spin-off
Neutral
Business Wire
5 months ago
BMO Expands CDR Product Shelf with 4 New Tickers
TORONTO--(BUSINESS WIRE)---- $ABB #Cboe--Cboe Canada is excited to welcome back BMO for the launch of four new Canadian depositary receipts (“CDRs”) today.
BMO Expands CDR Product Shelf with 4 New Tickers
Negative
Yahoo Finance
1 year ago
EV charging needs more private sector investments: ABB chair
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.
EV charging needs more private sector investments: ABB chair
Positive
Seeking Alpha
1 year ago
ABB: Living Well In The Industrial Sweet Spots (Rating Upgrade)
ABB continues to see strong demand for electrification gear, and between long lead times and growing demand from data centers, grid modernization, and decarbonization, this is likely to continue. Both discrete and process automation markets are looking softer, but most short-cycle markets should be at or near their bottoms and the long-term outlook for automation demand is strong. A change at the top could represent some risk, as outgoing Bjorn Rosengren has done an excellent job, but the new CEO has deep experience at ABB.
Positive
Barrons
1 year ago
India Is Building More Roads. 7 Stocks to Buy.
Infrastructure is key to the prime minister's ambitions to make India a global manufacturing center.
Positive
Reuters
1 year ago
ABB buys Siemens's wiring accessories business in China
ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.
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