Annuncio • Mar 19
ABB Ltd Approves Dividend, Payable on March 25, 2026 ABB Ltd. Board of Directors at its AGM held on March 19, 2026, approved an increased dividend of CHF 0.94 per share. The dividend payment in Switzerland is planned for March 25, 2026. Annuncio • Dec 11
ABB Ltd (SWX:ABBN) agreed to acquire an unknown minority stake in ESS Engineering Software Steyr GmbH. ABB Ltd (SWX:ABBN) agreed to acquire an unknown minority stake in ESS Engineering Software Steyr GmbH on December 9, 2024. ABB will integrate ESS’s technology into ABB’s RobotStudio®, the world’s most popular offline programming and simulation tool for robotic applications, available on desktop, cloud and AR platforms. Annuncio • Nov 20
Abb Launches Next-Generation Medium Voltage Drive, Designed to Enhance Industrial Performance and Reliability ABB has launched the ACS8080, its newest medium voltage air-cooled drive. The new drive represents an evolution, building on over 50 years of experience in delivering drives to industrial applications and bringing reliability, performance, and flexibility to the next level due to innovative motor control, versatile design, and digital capabilities. The converter can achieve up to 98% efficiency, targeting optimal performance for the entire drive system. The new motor control technology MP3C pushes efficiency and motor friendliness to the limit, while preserving the dynamic performance and robustness of the predecessor DTC. It also reduces harmonic distortions by around 50% compared to classic control and modulation schemes, thereby extending equipment lifetime and achieving energy savings. Designed for versatility and ease of integration, the new ACS8080 easily adapts to a wide range of applications and industries. The modular and flexible design includes the possibility of utilizing an external transformer and selecting a sine filter option, making it an optimal match not only for new applications, but also for retrofitting existing drive systems or direct online machines. A high degree of flexibility is also possible due to the advanced digital features: the integration of the open software platform, Crealizer, into the ABB drive operating system allows for advanced programming capabilities that enable the rapid development and deployment of innovative application-specific functionalities, reducing reliance on external controllers. The leaner design of the ACS8080 translates into a lower number of components than its predecessors, increasing reliability but also simplifying maintenance and service processes. For this new drive, being reliable also means being able to withstand extreme conditions, and this has been tested through rigorous accelerated lifetime tests carried out in the ABB Drives testing facility in Estonia, simulating 20 years of operations. Enhanced sensing capabilities and a next generation control hardware enable the collection of up to 10 times more diagnostic data for better and faster monitoring solutions. The new ABB Connectivity Edge Gateway allows connectivity whether on premises or to the cloud, making it an optimal fit for many digital needs. The built-in sensing solutions enable Asset Health and Performance Management capabilities, reliability monitoring, and data supported inspection for faster troubleshooting and failure detection. Fully embedded in the new drive are advanced safety and protection systems designed to prevent foreseeable hazardous situations and effectively manage unexpected ones. The new ACS8080 is developed to protect against unauthenticated access, malicious firmware, data breaches, and insecure connectivity allowing customers to benefit from all modern digital capabilities. Annuncio • Nov 06
ABB Ltd (SWX:ABBN) agreed to acquire Aurora Motors. ABB Ltd (SWX:ABBN) agreed to acquire Aurora Motors on November 5, 2024. Aurora Motors expertise will be integrated in ABB's NEMA Motors Division. The transaction is expected to be closed before the end of the 2024 financial year. Annuncio • Nov 05
ABB and Niedax Group Announce Executive Leadership Team for Abnex, Inc ABB and Niedax Group announce completion of joint venture with the formation of Abnex Inc. This joint venture’s executive leadership team and board of directors have been structured to equally represent both parent companies. Cornelius Steele, Executive Board Member Niedax Group, will lead the joint venture as President and CEO, and Cyrill Scholer, Senior Finance Executive, ABB Installation Products Division, will serve as Chief Financial Officer. The Board of Directors will include: Bruno Reufels, CEO of Niedax Group, who will serve as Chairman; Khalid Mandri, President of ABB Installation Products, who will serve as Deputy Chair; and Michael Shenouda, Canada Region Leader, ABB Installation Products Division. In addition to his role as President and CEO of Abnex Inc., Cornelius Steele will also serve on the Board of Directors. Annuncio • Oct 17
ABB Ltd Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024 ABB Ltd. provided earnings guidance for the fourth quarter and full year of 2024. In the fourth quarter of 2024, the company anticipates a low to mid-single-digit comparable revenue growth and the historical pattern to repeat for a negative book-to-bill and a sequentially lower Operational EBITA margin.
In full-year 2024, the company expects a positive book-to-bill, comparable revenue growth to be below 5% and the Operational EBITA margin to be slightly above 18%. Annuncio • Aug 27
ABB Ltd (SWX:ABBN) agreed to acquire Dr. FÖDisch Umweltmesstechnik Ag. ABB Ltd (SWX:ABBN) agreed to acquire Dr. FÖDisch Umweltmesstechnik Ag on August 27, 2024. For the period ending December 31, 2023, Dr. FÖDisch Umweltmesstechnik Ag reported total revenue of €50 million. The transaction is subject to customary closing conditions, and is expected to close before the end of the year. Annuncio • Jun 08
ABB Reportedly Mulls Sale of Some Electric Mobility Assets ABB Ltd. (SWX:ABBN) is considering selling part of its E-mobility business, which includes electric-vehicle charging stations worldwide as well as research and development facilities in China, according to people familiar with the matter. The Swiss firm is working with China International Capital Corp. on a possible sale and has sounded out potential buyers, the people said. Chinese companies looking to expand globally have shown preliminary interest, the people said, asking not to be identified discussing private information. A sale process could start this month and the business might fetch anything between $100 million and $200 million, the people said. Deliberations are ongoing and ABB may decide not to go ahead with a sale, the people said. The portfolio of assets includes ABB E-mobility’s direct current charger business in China and its global alternating current charger operations, the people said. Representatives for ABB and CICC declined to comment. Annuncio • May 23
ABB Appoints New Business Area Presidents, Effective August 1, 2024 ABB announced the appointment of Giampiero Frisio as the new President of its Electrification Business Area and Brandon Spencer as the new President of its Motion Business Area. Both will take over their new roles and join ABB's Executive Committee on August 1, 2024. Giampiero Frisio, Division President Smart Power (Electrification Business Area) since 2018, will succeed Morten Wierod who, as announced previously, will become ABB's new CEO as of August 1, 2024. Giampiero joined ABB in 1995 and has held numerous managerial positions in roles ranging from operations to marketing and sales. From January 2011 to November 2018, he was the Managing Director for Protection and Connection Business Unit, Electrification Products. He holds a Master's degree in Electrical Engineering from Pavia University in Italy. Giampiero is an Italian citizen. Brandon Spencer, Division President Energy Industries (Process Automation Business Area) since 2020, will succeed Tarak Mehta, who as announced previously, will leave ABB to assume the role of CEO of Timken Group after more than 25 years with ABB. Brandon joined ABB in 2006 and has held a range of leadership roles with a focus on the energy sector. Between 2018 and 2020, he was Global Managing Director for ABB Process Industries. Prior to joining ABB, Brandon held various roles at Siemens Power Generation. He holds a bachelor's degree in Economics and a Masters' degree in Business Administration from the Crummer School of Business at Rollins College in Winter Park, Florida. Brandon is a US citizen. As of August 1, 2024, ABB's Executive Committee will consist of: Morten Wierod (Chief Executive Officer), Timo Ihamuotila (Chief Financial Officer), Carolina Granat (Chief Human Resources Officer), Karin Lepasoon (Chief Communications and Sustainability Officer), Giampiero Frisio (President, Electrification), Peter Terwiesch (President, Process Automation), Brandon Spencer (President, Motion) and Sami Atiya (President, Robotics & Discrete Automation). In addition, Mathias Gaertner will join the Executive Committee latest on October 1, 2024 as General Counsel and Company Secretary. Annuncio • Apr 23
ABB Installation Products Introduces First Cable Protection Systems Made from Recycled Fishing Nets ABB Installation Products introduced one of the industry's first cable protection systems made from recycled fishing nets. To help address dangerous marine pollution, ABB Installation Products pioneered cable protection crafted from 50% recycle-based polyamide using primarily recovered fishing nets. A sustainable alternative to conventional plastic-based systems used to protect critical power and data cables, ABB's PMA® EcoGuard™ PA6 RPPA conduit requires less energy and water to produce, reducing 30% of upstream Scope 3 greenhouse gas emissions and 50% of net freshwater use. High-performance wire and cable protection is essential to powering electrical systems and production environments safely and reliably. PMA EcoGuard PA6 RPPA conduit, part of ABB's Eco Solutionstm line of innovative and sustainable solutions, complies with a set of key performance indicators defined in ABB's circularity framework and carries an external, third-party verified Lifecycle Assessment (LCA, Type III). Transforming discarded ocean fishing nets into technically advanced cable protection To lower Scope 3 emissions and make this innovation possible, ABB partnered with Envalior, a global leader in sustainable and high-performance engineering materials. ABB leveraged its nearly 50 years of cable and conduit technology and dedicated circularity approach with Envalior's deep materials expertise. Through this collaboration, ABB's PMA EcoGuard cable protection solutions have been engineered for strength, durability, compatibility and recyclability across a range of applications, including machine building, renewable energy, telecommunications and infrastructure. ABB's PMA Eco Guard cable protection products include Envalior's Akulon® RePurposed, a 100% recycled-based polyamide made of fishing nets recovered from coastlines. In addition to benefitting local economies and the environment, the Akulon RePurposed compound is UL2809 ECVP-certified for Ocean-Bound Plastic (OBP) content and employs production processes that result in a 70% lower carbon footprint than similar fossil-based nylon 6 materials. Made of high-grade polymer, ABB's new PMA EcoGuard PA6 cable protection system meets the European Union's (EU) environmental REACH regulations and the EU's RoHS standards for hazardous waste restrictions. For nearly half a century, ABB's PMA solutions have been used to protect data and electrical cables and wires from damage caused by strain, stress and extreme conditions in commercial and industrial applications. Designed for demanding installations, the new line includes three products: PMA® EcoGuardtm PA6 RPPA conduit, a flexible and lightweight corrugated nylon conduit that is UV and weather-resistant; BRND fittings help prevent liquid and dust ingress and are IP66 rated; and compact, one-piece BFHRP conduit holder lends support and adjusts for easy installation and maintenance. PMA cable and conduit solutions are tested, produced and packaged in recyclable materials at ABB's Uster, Switzerland facility and available globally. Annuncio • Apr 19
ABB Ltd Provides Revenue Guidance for the Second Quarter and Full Year 2024 ABB Ltd. provided revenue guidance for the second quarter and full year 2024. In the second quarter of 2024, the company anticipated a mid-single-digit comparable revenue growth year-on-year and the Operational EBITA margin to be slightly higher than in the first quarter 2024.In full-year 2024, the company expected a positive book-to-bill, comparable revenue growth to be about 5% and the Operational EBITA margin to be about 18%. Annuncio • Mar 22
ABB Ltd Approves Dividend, Payable on March 27, 2024 ABB Ltd. announced that the shareholders supported the proposed distribution of an increased dividend of CHF 0.87 per share. The dividend payment in Switzerland is planned for March 27, 2024. Annuncio • Jan 09
ABB Ltd (SWX:ABBN) agreed to acquire Real Tech Inc. ABB Ltd (SWX:ABBN) agreed to acquire Real Tech Inc. on January 8, 2024. Transaction is expected to close in Q1 2024. Annuncio • Jan 06
TÜV Rheinland AG signed an agreement to acquire UK technical engineering consultancy business from ABB Ltd (SWX:ABBN). TÜV Rheinland AG signed an agreement to acquire UK technical engineering consultancy business from ABB Ltd (SWX:ABBN) on January 5, 2023. ABB's technical engineering consultancy will be integrated into the Industrial Services and Cybersecurity business of TUV Rheinland in United Kingdom. The transaction is expected to close in Q2 2023.