Finance
ABB sees 'robust market' so far unaffected by US tariffs
Published by Global Banking and Finance Review
Posted on October 16, 2025
Global Banking and Finance Review
Company
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking and Finance Review
Posted on October 16, 2025
By John Revill
ZURICH (Reuters) -ABB is seeing a "robust" market situation with so far little impact on customer demand from the uncertainties caused by U.S. tariffs, the Swiss engineering company said on Thursday, as it reported its third quarter results.
ABB, which makes motors and drives used in factory production lines, said operating earnings before interest, tax and amortisation (EBITA) rose 12% to $1.74 billion for the three months to the end of September.
The figure was slightly above forecasts for $1.70 billion expected in a company-compiled consensus of analysts.
Revenue at the company, which also makes electrification systems used in data centres, rose 11% to $9.08 billion, beating forecasts for $8.88 billion, while orders rose 12%.
NO MATERIAL IMPACT FROM TARIFFS SO FAR
Chief Executive Morten Wierod said he was seeing a "robust overall market situation" with customers still spending on electrical power and automation.
"U.S. tariff-related market uncertainties remain, but so far we have not seen any material impact on demand or profitability," Wierod said.
US ORDERS JUMP, CHINA FALLS
ABB's orders in the U.S. increased 27% during the quarter, with steep growth in all business areas, while business boomed in Brazil with orders 38% higher.
In contrast, China suffered a 4% drop in new business due to a steep decline in process automation and electrification, while orders in India were down 7%.
ABB's results give an insight into the health of the broader industrial economy, with its products used to electrify and control buildings, mines and data centres.
For the fourth quarter, ABB said it expects its comparable sales to grow in the mid-single digit percentage range.
Also on Thursday, ABB said Chief Financial Officer Timo Ihamuotila will leave the company in 2026. He will be replaced by Christian Nilsson, who is currently CFO at the company's electrification business.
(Reporting by John RevillEditing by Ludwig Burger and Lincoln Feast.)