By Nina Kienle

ABB wrapped up the year, logging higher orders and its highest quarterly revenues on record, beating market expectations.

The Swiss industrial-technology company said Thursday that fourth-quarter net profit rose to $1.27 billion from $987 million in the prior year on revenue that grew 9% on a comparable basis to $9.05 billion.

The results beat analysts' expectations of net profit at $1.13 billion and revenue of $8.73 billion, according to a company-compiled consensus.

ABB is also said that it intends to launch a new share buyback program of up to $2.0 billion until Jan. 27, 2027.

Operational earnings before interest, taxes and amortization rose 14% on a comparable basis to $1.59 billion with a margin increase to 17.6% from 16.6%. The figure also beat the expected $1.54 billion, according to the same consensus.

Orders for the three-month period rose 32% on comparable basis to $10.32 billion.

For the first quarter, ABB is targeting comparable revenue growth in the 7% to 10% range. The operational Ebita margin is expected to increase year-on-year, excluding the announced real estate gains in the first quarters of 2025 and 2026, it said.

For the full year, the company is aiming for comparable revenue growth in the range of 6% to 9% year-on-year and expects the operational Ebita margin to slightly improve year-on-year.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

January 29, 2026 01:29 ET (06:29 GMT)

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