ABB seen rising on strong intake, datacentre orders

Abb

22/04/2026 07:20

** ABB ABBN.S shares seen up nearly 6% in early trading after the Swiss engineering company posted a significant rise in first quarter sales and order intake

** "The strength in order intake will be seen as the key positive, with not only datacentre orders up 'triple digit' %, but strength across the board with record order levels in both Electrification and Motion," Citi says

** Citi sees datacentre order level likely boosting sentiment for other electrical stocks

** ABB  reported orders in the first quarter of $11.3 billion, up organically 24% year-on-year and 16% ahead of consensus

** The company also expects 2026 sales to increase by a high single-digit to low double-digit percentage, up slightly from its previous view for comparable annual revenue growth of 6-9%

** ABB says demand remained resilient despite uncertainties triggered by the Middle East conflict

 (Reporting by Danny Callaghan)

 ((danny.callaghan@thomsonreuters.com))