News Articles

ABB: Continued Profitable Growth ZURICH -Thursday 19 July 2018

Total orders +8%1, up in all divisions and regions Base orders +9%, up in all divisions and regions Revenues +1% Book-to-bill ratio2 at 1.07x, >1 in all divisions Operational EBITA margin2 up 60bps to 13.0% Operational EPS2 +27%4 Net income $681 million, +30% Cash flow from...

ABB and Kawasaki Create World’s First Common Interface for Collaborative Robots -Wednesday 20 June 2018

(BUSINESS WIRE) -- ABB and Kawasaki Heavy Industries, both global leading players in industrial automation and robotics, are showcasing the world’s first common collaborative robot operating interface at automatica in Munich, Germany from June 19-22, 2018. The common interface will also...

NITI Aayog and ABB India Partner to Make India AI-Ready -Wednesday 23 May 2018  

(BUSINESS WIRE) -- The National Institution for Transforming India (NITI Aayog), the think tank of the Indian government, and ABB India have signed a Statement of Intent (SoI) to support the Indian government to realize its ambitious vision of “Make in India” through advanced manufacturing...

Country Leaders Inspired by ABB’s Breakthrough E-Mobility Technologies -Monday 23 April 2018  

(BUSINESS WIRE) -- The two leaders, along with ABB CEO Ulrich Spiesshofer, were shown a demonstration of the company’s new high power fast charging solution: the Terra HP EV charging station with a power output of up to 350 kW recharges a car battery in just eight minutes for 200 km...

ABB Showcases World-Leading e-Vehicle Fast Chargers and Launches AI Readiness Index at Hannover -Sunday 22 April 2018

(BUSINESS WIRE) -- ABB spotlighted its world-leading Terra HP family of fast chargers for electric vehicles at Hannover Messe, the biggest global industrial trade fair. By operating at powers of up to 350 kilowatts and adding as much as 300 kilometers of range to an electric vehicle in just 12...

ABB: Profitable Growth -Thursday 19 April 2018

Total orders +6%1; up in all divisions Base orders +5%; up in all regions Revenues +1%; impacted by lower opening backlog Book-to-bill ratio2 at 1.13x Operational EBITA margin2 up 20bps to 12.3% Net income $572 million; up excluding the gain on the cables divestment in 2017 Cash...

ABB to Invest €100 Million in Global Innovation and Training Campus -Friday 6 April 2018  

€100 million investment shapes ABB’s leadership position in machine and factory automation Investment in the development of the factory of the future to create 1,000 new jobs State-of-the-art innovation and training campus to be built in Eggelsberg, Austria, by 2020 ABB builds on...

ABB Shareholders Approve All Proposals at Annual General Meeting -Thursday 29 March 2018

(BUSINESS WIRE) -- The shareholders elected Jennifer Xin-Zhe Li, Geraldine Matchett and Gunnar Brock to join the Board and re-elected Peter Voser as member and Chairman of the Board. Jacob Wallenberg, Matti Alahuhta, David Constable, Frederico Fleury Curado, Lars Förberg, David Meline and...

ABB Records Steady Growth in the UAE -Thursday 15 March 2018  

ABB, the pioneering technology leader, has recorded steady and sustained growth in the United Arab Emirates in 2017. “ABB is seeing profitable growth and a huge opportunity in this market as we are partners to both the energy and industrial revolution that is taking place in the country...

ABB Publishes 2017 Annual Report -Saturday 24 February 2018

(BUSINESS WIRE) -- ABB Ltd has published its 2017 annual report on its website and has filed the annual report on Form 20-F with the United States Securities and Exchange Commission. The 2017 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive...

ABB: Positioned for Profitable Growth -Thursday 8 February 2018

(BUSINESS WIRE) -- ABB (SWX:ABBN): This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180207006428/en/ FULL YEAR 2017 HIGHLIGHTS Base orders up 5%1, higher in all divisions and regions; total orders steady Revenues +1%...

ABB and City of Davos Pave the Way to Sustainable Mobility Through E-Vehicle Innovation -Monday 22 January 2018  

(BUSINESS WIRE)-- For this year’s annual World Economic Forum (January 23–26, 2018), the city of Davos and ABB have teamed up in a long-term partnership to provide e-infrastructure for public and private transportation. Davos residents and WEF guests can experience the pioneering TOSA bus...

ABB Nominates New Board Members -Thursday 11 January 2018

(BUSINESS WIRE) -- At the coming annual general meeting (AGM) on March 29, 2018, all ABB Board of Directors members will stand for reelection, with the exceptions of Ying Yeh and Louis R. Hughes, who have decided not to seek another term. Additionally, following a careful selection process, the...

ABB and Formula E Partner to Write the Future of E-Mobility -Tuesday 9 January 2018  

(BUSINESS WIRE) -- ABB and Formula E are teaming up in a ground-breaking partnership to champion e-mobility for a sustainable future. Since its first race in Beijing in September 2014, Formula E has established itself as the number one all-electric international motor sport. In the next level of...

Peak Performance: ABB Technology Powers New Cable Car Zugspitze -Friday 22 December 2017  

(BUSINESS WIRE)-- Long queues waiting to ascend Germany’s tallest mountain may now be history. And that is not the only thing historical about the new ABB-powered cable car system that opened today and can take as many as 580 passengers an hour to the Zugspitze, the Bavarian Alps peak that is...

ABB Completes EPC Business Model Change -Wednesday 20 December 2017

Power Grids: joint venture agreement for electrical substations infrastructure project business with SNC-Lavalin signed, closing expected 2018 Industrial Automation: oil & gas EPC activities to be moved into joint venture together with Arkad; closing of transaction now expected by December...

ABB Unveils Newest Member of the YuMi Family -Wednesday 29 November 2017  

(BUSINESS WIRE)-- ABB is previewing its newest collaborative robot, now with a single arm, at the International Robotics Exhibition (iREX) 2017 in Tokyo. As their name suggests, collaborative robots are designed to work alongside humans on the factory floor to raise productivity and support the...

ABB and HPE Bring Intelligence to Industrial Plants -Tuesday 28 November 2017

(BUSINESS WIRE)-- ABB and Hewlett Packard Enterprise (HPE) today announced a strategic global partnership that combines ABB’s industry-leading digital offerings, ABB AbilityTM, with HPE’s innovative hybrid information technology (IT) solutions. The partnership will provide customers with...

ABB and Kawasaki Announce Collaborative Robot Automation Cooperation -Monday 27 November 2017

(BUSINESS WIRE)-- ABB and Kawasaki Heavy Industries, two global industrial automation and robot suppliers, announced today that the companies will join forces to share knowledge and promote the benefits of collaborative robots, in particular those with dual arm designs. The global cooperation...

ABB Appoints Jessica Mitchell as Head of Investor Relations -Friday 10 November 2017

(BUSINESS WIRE)--ABB announced today that Jessica Mitchell has been appointed Head of Investor Relations effective November 15, 2017, reporting to the company’s Chief Financial Officer, Timo J. Ihamuotila. She succeeds Alanna Abrahamson, who has been appointed CFO of ABB’s Industrial...