ABB Ltd (ABB) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.838 Greetings and welcome to this presentation of ABB's third quarter results. 00:00:04.838 -- 00:00:09.906 Next to me here is our CEO, Moten Virud, and our CFO, Timo 00:00:09.906 -- 00:00:14.432 Jammotila. I'm Ansa Finod, head of the investor relations team. 00:00:14.432 -- 00:00:19.139 Moten and Timo will talk through the results and then we will, as usual, open up for 00:00:19.139 -- 00:00:25.048 Q&A. And with that said, I hand over to you, Moten, to kick off the presentation. 00:00:25.048 -- 00:00:26.778 Thanks, Ansi. 00:00:26.778 -- 00:00:31.944 And welcome also from my side. Summarizing the trading climate in the third quarter, 00:00:31.944 -- 00:00:36.690 I would say that this was very similar to what we saw in the second quarter. 00:00:36.690 -- 00:00:40.835 When I talk to our business leaders and when I meet with our customers, there are no 00:00:40.835 -- 00:00:44.260 material differences in what they say and do. 00:00:44.260 -- 00:00:49.446 So despite continued news flow and uncertainty related to US tariffs, 00:00:49.446 -- 00:00:54.875 our customers continue to invest behind electrical power and automation. 00:00:54.875 -- 00:00:57.821 There are, of course, differences between segments. 00:00:57.821 -- 00:01:02.811 Some are very strong and some still challenging, and I will come back to these details. 00:01:02.811 -- 00:01:06.138 But overall, we see good demand for our offering. 00:01:06.138 -- 00:01:11.088 The high order level with 9% growth is one key highlight in the quarter. 00:01:11.088 -- 00:01:16.593 Another strong point for me is the free cash flow of $1.6 billion. 00:01:16.593 -- 00:01:22.203 In total, I'm pleased with the quarter. We keep moving ABB in a positive direction. 00:01:22.203 -- 00:01:25.890 We improve...