Slide 1: Q2 2025 Results
ZURICH, SWITZERLAND | JULY 17, 2025 | MORTEN WIEROD, CEO; TIMO IHAMUOTILA, CFO Q2 2025 RESULTS Record-high order intake and improved business performance
Slide 2: Important notices
— Important notices This presentation includes forward-looking There are numerous risks and uncertainties, Although ABB Ltd believes that its many of which are beyond our control, that expectations reflected in any such information and statements including could cause our actual results to differ fo
Slide 3: Q2 2025 Selected highlights
Q2 2025 Record-high order intake Selected highlights and improved business performance Financial performance Organic growth investments • Order growth +14%1 • ABB strengthens China robotics leadership with Revenue growth +6%1 three new robot families to automate industries • Op. EBITA margin 19.2%;
Slide 4: Strengthening Robotics' Leadership in China
Strengthening Robotics’ Launch of three new robot families Tailored for key industries in China, including electronics Leadership in China and automotive, enhancing automation capabilities Strategic market positioning New mid-market offering meets demand from high growing segments Leveraging local v
Slide 5: ABB SACE Emax 3. Anticipate change. Protect your future.
— ABB SACE Emax 3. Anticipate change. Protect your future. Emax 2 • Emax 3 Leading the market for Setting the next level for the last 13 years Air Circuit Breakers Secure Reliable Adaptive Provide unmatched protection Protect business critical Evolve with an Protect your business from uptime ever-ch
Slide 6: Record-high order intake, growth in all business areas
— Notable orders developments Record-high order intake (comparable % YoY, unless otherwise indicated) Growth in all business areas Short-cycle Data centers & Utilities High single-digit growth, up in Utilities very strong all Business Areas Data centers up double-digit Orders +14%1 Revenues +6%1 9,7
Slide 7: Order growth across all regions
— Order growth across all regions Q2 2025 regional, country orders The Americas +28% Europe +6% AMEA +6% USA +37% Germany +16% China +2% Steep growth in PA; Strong growth in MO, Growth in MO and RA; Strong growth in EL and PA and RA; Slight EL and PA stable MO; Steep decline in RA decline in EL Cana
Slide 8: Operational EBITA improvement in 3 out of 4 Business Areas
— Profitability drivers Operational EBITA Improvement in 3 out of 4 Business Areas Gross Profit • +6%1; improvements in 3 out of 4 business areas • Gross margin improved 10 bps to 40.2%, favorable volume and price offset by unrealized FX & commodity Operational EBITA +9% 1,708 timing differences and
Slide 9: Q2 2025 Electrification
— Record orders and revenues lead to another positive book-to-bill Q2 2025 Electrification Orders $4,518 mn Revenues $4,331 mn Operational EBITA $1,033 mn, +16% YoY 5,000 25% 4,500 25% 1,200 26% 800 23.9% 22% 23.2% 4,000 10% 3,500 10% 21.1% 11% 11% 400 18% 9% 7% 7% 3% 3,000 -5% 2,500 -5% 0 14% Q1 Q2
Slide 10: Q2 2025 Motion
— Resilient demand and strong execution results in a solid quarter Q2 2025 Motion Orders $2,112 mn Revenues $2,065 mn Operational EBITA $407 mn, +5% YoY 2,500 35% 2,200 30% 500 22% 20% 2,000 20% 1,800 22% 20.4% 19.9% 19.8% 4% 10% 250 18% 3% 3% 1,500 5% 1,400 -1% -4% 0% 1,000 -10% 1,000 -10% 0 14% Q1
Slide 11: Q2 2025 Process Automation
— Record profitability and unprecedented order level Q2 2025 Process Automation Orders $2,620 mn Revenues $1,804 mn Operational EBITA $290 mn, +10% YoY 2,800 60% 2,000 30% 300 16% 40% 15.9% 15.4% 15.5% 40% 20% 20% 2,000 1,500 19% 150 13% 0% 6% 10% 10% -20% 12% 2% 1,200 -40% 1,000 0% 0 10% Q1 Q2 Q3 Q
Slide 12: Q2 2025 Robotics & Discrete Automation
— Solid performance in a challenging market Q2 2025 Robotics & Discrete Automation Orders $729 mn Revenues $813 mn Operational EBITA $74 mn, -20% YoY 1,200 40% 1,200 40% 150 20% 800 4% 15% 800 27% 15% 15% 75 15.3% -17% 400 -22% -10% 400 -10% 10% -8% -5% 11.1% 9.1% 0 -35% 0 -35% 0 5% Q1 Q2 Q3 Q4 Q1 Q
Slide 13: Cash generation analysis
— — Cash generation analysis Q2 2025 cash flow drivers Free cash flow slightly increased during first half of the year Free cash flow ($ ($845 mn, -$73 mn YoY) Q2 decrease driven by: mn) • Faster buildup of NWC vs prior year linked to growth 3,937 3,667 • Higher CAPEX • Partially offset by higher op
Slide 14: Outlook
— Outlook Acknowledging the uncertainty for the global business environment Q3 2025 FY 2025 Revenues Operational EBITA % Revenues Operational EBITA % • Comparable growth in the • Operational EBITA • Comparable growth • Operational EBITA margin to mid-single digit range margin to improve at least in
Slide 15: Q&A
Q&A
Slide 16: Appendix
Appendix
Slide 17: 2025 framework
— 2025 framework Q2 25 Q3 25 20251 6M 25 2025 $ mn unless otherwise stated framework framework framework ~(175) ~50 Corporate and Other Operational EBITA2 (54) ~(90) Finance net 32 From ~(200) From ~40 Effective tax rate4 28% ~25% Non-operating items: PPA-related amortization (50) ~(50) ~(180) Capit
Slide 18: Operational EBITA bridge
— Operational EBITA bridge Operational EBITA margin (%) 19.0% 19.2% Accretion / dilution +0.2 -0.1 +0.2 -0.1 (%) -112 1,708 -3 44 228 -13 1,564 Operational performance Operational EBITA $116 million ($ mn) Q2 2024 Volume/price Operations Items FX Portfolio Q2 2025 impacting changes Comparable revenu
Slide 19: AL ED ED
AL ED ED FADD ED