Revenue Growth & Order Intake: ABB reported mid-single-digit revenue growth in Q2, with revenue reaching $8.9 billion, up 6% year-over-year. A record high order intake of $9.8 billion was achieved, with a significant contribution from a large $600 million order in Process Automation. Positive order growth was seen across all four business areas, indicating strong demand.

Earnings Performance: Operational EBITA increased by 9% year-over-year to $1.7 billion, resulting in a record EBITA margin of 19.2%. Notably, the gross margin was maintained at 40%, suggesting strong operational efficiency, although margin pressures were noted in the Machine Automation division.

Electrification Division Highlights: The Electrification division achieved new highs with orders of $4.5 billion and revenues of $4.3 billion, reflecting an 11% growth driven by high demand in utilities and data centers. Margins improved to 23.9%, driven by operational efficiencies, demonstrating robust performance in this segment.