ABB jumps on strong Q4 orders

Abb

29/01/2026 08:40

** Shares in ABB ABBN.S are at the top of Swiss blue chips index SMI .SSMI at +8.5% after it reported stronger-than-expected orders in the fourth-quarter

** The Swiss engineering group's Q4 orders from electrification business are up 33% year-on-year, a 20% beat compared to estimates

** Group orders are up 32% year-on-year, with strong US (+57%), Chinese and European (both +25%) markets

** The growth outlook for 2026 "is implicitly broader based and better than market expectations" for ABB and, likely, the wider electricals subgroup, J.P. Morgan says

** It also reported Q4 organic sales growth of 9%, around 3% above consensus, and higher-than-expected operational EBITDA margins in absolute profit terms

** The co announced share buyback program of $2 billions is "above the $1 billions we and most investors we spoke to had expected also", the broker adds

** If gains hold, shares are on track for their best day since July

** ABB results are pushing shares in German competitor Siemens SIEGn.DE up around 3%, at the top of German blue chips index DAX .GDAXI

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))