ABB Q1 Revenue Up 18%, Guidance Raised

ABB reported Q1 revenue of $8.73 bn, up 18% YoY and comfortably beating the $8.43 bn consensus estimate for the quarter.
Operational EBITA rose to $2.05 bn, topping the $1.96 bn forecast, while orders surged to a record $11.30 bn in the quarter.
CEO Morten Wierod said demand remained robust, especially for data‑center infrastructure linked to AI, despite Middle‑East conflict uncertainty.
ABB lifted its full‑year revenue growth outlook to high single‑digit to low double‑digit percentages, up from the prior 6‑9% range.