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ABB Books Higher H1 Net Income, Revenue

MT Newswires·07/16/2026 01:28:03
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01:28 AM EDT, 07/16/2026 (MT Newswires) -- ABB (ABBN.SW) said Thursday its net income and revenue for the first half grew year over year. Net income attributable to the group for the six months ended June 30 was $2.56 billion, compared with $2.25 billion a year ago. Basic EPS moved to $1.41 from $1.23. The engineering and technology company's revenue was $18.21 billion, compared with $15.68 billion earlier. ABB anticipates a low-to-mid-teens year-over-year increase in comparable revenue in the third quarter and a low double-digit to low-teens growth in comparable revenue for the full year 2026.