ABB's Results Confirm Continued Momentum -- Market Talk
Dow Jones04-22
0627 GMT - ABB's first-quarter results confirm that its underlying operational momentum can improve even further with record-breaking order intake, RBC Capital Markets analysts Sebastian Kuenne and Nick Housden say in a research note. The Swiss industrial-technology company's electrification business stands out, in particular the data center business that saw triple-digit growth in orders, the analysts say. "The miss on reported EBIT and earnings per share is only a side-show and likely won't impair today's positive share price reaction," they add. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
April 22, 2026 02:29 ET (06:29 GMT)
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