ABB Ltd (ABB) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Abb Ltd..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.018 Greetings, and welcome to this presentation of ABB's first quarter results. 00:00:04.018 -- 00:00:10.047 Next to me here, I have our CEO, Moten Virud, and our CFO, Timo Jamutila. 00:00:10.047 -- 00:00:12.792 And I'm Ann-Sofie Nord, Head of Investor Relations. 00:00:12.792 -- 00:00:17.239 As per usual, Moten and Timo will talk through the results, and after that, we focus 00:00:17.239 -- 00:00:20.264 on today's announcement of portfolio change. 00:00:20.264 -- 00:00:25.432 So today the presentation will be a little bit longer than we normally have before 00:00:25.432 -- 00:00:31.060 we open up for the Q&A. And with that said, I ask you, Martin, to kick off the presentation. 00:00:31.060 -- 00:00:35.627 Thanks, Anssi. And a warm welcome also from my side. 00:00:35.627 -- 00:00:38.091 I would say that we had a strong start to the year. 00:00:38.091 -- 00:00:43.198 The team did a good job at staying focused in what has been a quarter with intense 00:00:43.198 -- 00:00:48.639 news flow. I would guess that we all have had tariffs on our radar screens. 00:00:48.639 -- 00:00:53.026 But if I was to pick up a few highlights from the quarter, those would be. 00:00:53.026 -- 00:00:58.395 First of all, market activity was high and it was good to see that demand was strong 00:00:58.395 -- 00:01:01.981 throughout the quarter with a good finish in March. 00:01:01.981 -- 00:01:07.008 In total, we increased comparable orders by 5% from last year. 00:01:07.008 -- 00:01:12.282 Secondly, we beat our own expectation for operational EBITDA margin in all business 00:01:12.282 -- 00:01:17.497 areas. On top of this, our margin got an extra boost from a one-timer 00:01:17.497 -- 00:01:22.906 which contributed 170 basis points to the margin of 20.2%. 00:01:23...