ABB Ltd - Company Profile
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ABB Ltd (ABB) is a global technology company specializing in electrification and automation. The company offers a range of products and services, including electrical products, drives, motors, generators, and automation solutions. ABB is associated with notable brands in electrification and automation, providing solutions for industries such as oil and gas, automotive, and consumer electronics. Its products are used by customers in various sectors, including industrial, buildings, transport, and utilities. ABB operates through a network of channel partners and distribution networks to reach its customers. The company has a presence in multiple geographic locations, serving markets across Europe, the Americas, and Asia, Middle East, and Africa. ABB is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Affolternstrasse 44, Zuerich, 8050
Website
new.abb.com
Telephone
41 43 3177111
No of Employees
112,700
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
ABBN (SWF)
Revenue (2024)
$33.2B
8.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
20.3%
(2024 vs 2023)
Market Cap*
$194.4B
Net Profit Margin (2024)
XYZ
10.7%
(2024 vs 2023)
* As of and is in US$
ABB Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Modular Substation Packages | Preventive Maintenance |
| Distribution Automation Products | Remote Monitoring |
| Solar Power Solutions | Cybersecurity |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company entered into an agreement to acquire Hoglund AS from Eitzen Group. |
| 2026 | Contracts/Agreements | In June, the company secured a contract to upgrade the automation and control systems on the Buzzard offshore platform. |
| 2026 | New Products/Services | In June, the company introduced its Proteus PV and battery energy storage systems portfolio. |
Competitor Comparison
| Key Parameters | ABB Ltd | Siemens AG | Denso Corp | Schneider Electric SE | Eaton Corporation Plc |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Germany | Japan | France | Ireland |
| City | Zuerich | Munich | Kariya | Rueil-Malmaison | Dublin |
| State/Province | - | - | Aichi | Haute Normandie | - |
| No. of Employees | 112,700 | 317,000 | 154,716 | 162,970 | 97,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter R. Voser | Chairman | Executive Board | 2015 | 68 |
| Morten Wierod | President; Chief Executive Officer | Senior Management | 2024 | 54 |
| Christian Nilsson | Chief Financial Officer | Senior Management | 2026 | 50 |
| Carolina Granat | Chief Human Resources Officer | Senior Management | 2021 | 54 |
| Karin Lepasoon | Chief Communications and Sustainability Officer | Senior Management | 2022 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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