ABB Ltd reported US$33 billion in revenue, in line with analyst forecasts, whilst statutory earnings per share of US$2.59 beat expectations by 2.7%. The results prompted 24 analysts to raise their price target by 8.4% to CHF60.30, despite reconfirming revenue and earnings forecasts. Analysts now predict 2026 revenues of US$36.7 billion, reflecting 10% growth compared to the last 12 months, with per-share earnings expected to rise 17% to US$2.93. This forecast acceleration represents a significant improvement on ABB's historical growth rate of 4.8% annually over the past five years. The company's shares surged 10% to CHF66.66 following the results. Analysts expect ABB to grow substantially faster than the industry average of 6.9% annual revenue growth.

ABB has launched its Automation Extended programme, enabling industries to modernise distributed control systems without operational disruption. The initiative builds on ABB's existing platforms, including System 800xA, Symphony Plus and Freelance, whilst introducing advanced analytics, AI and IoT capabilities progressively. The programme uses a separation-of-concerns architecture that protects core control systems whilst allowing new digital technologies to be deployed at scale. This approach addresses challenges including volatile markets, cybersecurity threats and workforce changes, providing a low-risk modernisation path. The system features a modern, open and modular environment designed for interoperability and scalability across industrial domains. ABB President Peter Terwiesch said the programme delivers "future-ready capabilities into the systems they know and trust, with security and interoperability at the core.