ABB beats forecasts with Q2 earnings and announces biggest-ever acquisition

Abb

16/07/2026 06:13

    ZURICH, July 16 (Reuters) - ABB  ABBN.S  reported
better-than-expected second quarter earnings on Thursday as the
Swiss engineering company also announced its biggest-ever
acquisition with a $5.5 billion deal for British automation
company Rotork  ROR.L .
    ABB said its operational earnings before interest, tax and
amortisation (EBITA) rose 20% to $1.93 billion in the three
months to the end of June. 
    The figure beat forecasts for $1.88 billion in a
company-gathered consensus of analysts.

 (Reporting by John Revill, Editing by Miranda Murray)
 ((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters
Messaging: john.revill.thomsonreuters.com@reuters.net))