ABB's Electrification Segment Experiences Growth Amid Strong Customer Activity
ByAinvest
Thursday, Jul 31, 2025 12:34 pm ET1min read
ABB Ltd's Electrification segment has seen persistent strength due to solid customer activities in major markets, including the US and Germany. Orders totaled $4.52 billion, up 9% YoY, and revenues totaled $4.33 billion, up 11% YoY. The segment's order backlog reached a record level of $8.69 billion. ABB's recent buyout of Siemens' Wiring Accessories is expected to support revenue growth.
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