ABB Posts Another Set of Impressive Results

Dow Jones07-16

0946 GMT - ABB's second-quarter results are once again impressive, with the order-intake beat and upgrade to revenue guidance the key standouts, RBC Capital Markets analysts say in a research note. The Swiss industrial-technology company has excellent positioning not just in the data center equipment field but in electrification investments overall, the analysts say. While pricing still looks modest, it is an improvement over the first quarter and helps the earnings quality of the backlog, they add. The Rotork acquisition makes sense, even if ABB paid full price, RBC says. Shares trade 3.1% lower at 80.6 Swiss francs. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

July 16, 2026 05:46 ET (09:46 GMT)

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