ABB Ltd Half-Year 2024 Results: Revenue Up, CEO Change Revealed
Thursday, 18 July 2024, 05:49
ABB Ltd Half-Year 2024 Results
In the latest announcement, Swiss-based ABB Ltd unveiled its financial performance for the first half of 2024. Although there was a slight dip in order intake, the company managed to bolster its revenue figures.
Key Highlights:
- Revenue Growth: ABB Ltd saw a 1% increase in revenue, reaching $8.239 billion.
- Order Intake: Orders experienced a 3% decline to $8.435 billion.
- Leadership Change: The impending CEO transition announcement adds a new dimension to the company's future strategy.
This update signifies a pivotal moment for ABB Ltd, reflecting both financial growth and structural changes within the organization.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.