ABB Ltd (ABB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to this presentation of ABB's second quarter results. And as you can see, we're shooting from our new ABB studio. And as per usual, we have our CEO, Moten Virud, and our CFO, Timo Uyammutula. And without further ado, I will ask Moten to kick off the presentation. Thank you, Hansi. And a warm welcome also from my side. In the second quarter, we delivered on plan with mid single digit revenue growth and increased operational earnings in three out of four business areas. I'm pleased with the overall results. That said, I acknowledge that not all is perfect. We still have work to do to improve, for example, the machine automation and e-mobility business. When it comes to the market, I would say that the business environment was more or less unchanged compared with the first quarter. Our broader markets remain fundamentally strong as the world turns to electric power and automation. And just like in Q1, we, just like everybody else, live with the added layer of uncertainty in terms of potential tariffs. I have said to our teams to continue to focus on what we can control. Our legacy of a local for local footprint serves us well. We do what we have done before, take balanced actions to defend our market position and profitability. One key highlight in the quarter was the record high order intake of $9.8 billion. We booked a very large ordering process automation, which helped us to get to this new all-time high. But momentum was also good when looking through this impact. We had positive order growth in all four business areas, supported by all regions and the majority of customer segments. Another happening was that we got recognized by Time Magazine. They listed ABB as one of the top 15 most sustainable companies in the world across all industries....