ABB Reports Record 2024 Results and Announces New Share Buyback Program

ABB Group has announced its full-year and Q4 2024 financial results, achieving record highs in orders, revenue, and operational profitability. Full-year revenue reached $33.7 billion with an operational EBITA margin of 18.1%. The company reported strong cash generation and a return on capital employed of 22.9%. For 2025, ABB anticipates mid-single-digit comparable revenue growth and aims to further improve its operational EBITA margin. The Board has proposed a dividend of CHF 0.90 per share and approved a new share buyback program of up to $1.5 billion. Key strategic focuses include advancing the ABB Way operating model, targeted acquisitions in areas like low-carbon solutions, and continued R&D investment in digitalization and AI, exemplified by the ABB Ability Genix Copilot.