ABB (ABBN.SW,ABB.ST) reported first quarter net income attributable to company of $1.32 billion, up 20% from a year ago. Basic earnings per share was $0.73 compared to $0.60. Operational EBITA was $2.05 billion compared to $1.50 billion. Operational EBITA was up 37%, with a comparable growth of 28% in constant currency.
First quarter revenues were $8.73 billion compared to $7.38 billion, prior year. Revenues were up 18%, with a comparable growth of 11%. Orders were $11.30 billion compared to $8.59 billion. Orders were up 32%, with a comparable growth of 24%.
In the second quarter, the company expects a high single-digit to low double-digit growth in comparable revenues, year-on-year. The operational EBITA margin is projected to improve year-on-year.
In full-year 2026, the company expects a positive book-to-bill, and a high single-digit to low double-digit growth in comparable revenues, year-on-year. The operational EBITA margin is expected to improve year-on-year, even when excluding the real estate gain in the first quarter of 2026.
ABB shares are trading at 74.20 Swiss francs, down 0.081%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.