ABB Ltd. reported higher profit in the second quarter with strong revenue and order growth. The company projects mid-single digit revenue growth for Q3 and stable Operational EBITA margin. For fiscal 2025, ABB expects positive book-to-bill, mid-single digit revenue growth, and improved Operational EBITA margin. Net income was $1.15 billion, up 5% from last year, with earnings per share growing 6%. Operational EBITA increased by 9% to $1.71 billion, with a margin of 19.2%. Revenues grew 8% to $8.90 billion, while orders were $9.79 billion, up 16% from last year.

Read more at Nasdaq: ABB Q2 Profit, Orders Rise; Sees Growth In Q3, Backs FY25 Outlook