ABB Ltd (ABB) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.380 Greetings, and welcome to this presentation of ABB's second quarter results. 00:00:04.380 -- 00:00:08.990 And as you can see, we're shooting from our new ABB studio. 00:00:08.990 -- 00:00:14.021 And as per usual, we have our CEO, Moten Virud, and our CFO, Timo 00:00:14.021 -- 00:00:15.444 Uyammutula. 00:00:15.444 -- 00:00:20.399 And without further ado, I will ask Moten to kick off the presentation. 00:00:20.399 -- 00:00:22.162 Thank you, Hansi. 00:00:22.162 -- 00:00:27.289 And a warm welcome also from my side. In the second quarter, we delivered on plan with 00:00:27.289 -- 00:00:32.376 mid single digit revenue growth and increased operational earnings in three out of four 00:00:32.376 -- 00:00:35.901 business areas. I'm pleased with the overall results. 00:00:35.901 -- 00:00:38.806 That said, I acknowledge that not all is perfect. 00:00:38.806 -- 00:00:43.372 We still have work to do to improve, for example, the machine automation and e-mobility 00:00:43.372 -- 00:00:44.800 business. 00:00:44.800 -- 00:00:48.644 When it comes to the market, I would say that the business environment was more or less 00:00:48.644 -- 00:00:51.466 unchanged compared with the first quarter. 00:00:51.466 -- 00:00:56.491 Our broader markets remain fundamentally strong as the world turns to electric power 00:00:56.491 -- 00:01:01.496 and automation. And just like in Q1, we, just like everybody else, 00:01:01.496 -- 00:01:06.761 live with the added layer of uncertainty in terms of potential tariffs. 00:01:06.761 -- 00:01:11.378 I have said to our teams to continue to focus on what we can control. 00:01:11.378 -- 00:01:15.168 Our legacy of a local for local footprint serves us well. 00:01:15.168 -- 00:01:20.102 We do what we have done before, take balanced...