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ABB Lifts 2026 Sales Outlook on Data Centre Demand

Summary by RTÉ
ABB has today raised its full-year sales outlook as booming demand from data centres and other parts of its electrification business offset heightened uncertainties linked to the Iran war.

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The order boom for data centers pushes ABB to review upwards its annual forecasts, in a day that also rewarded the Dutch ASM. The Swiss group, which contributes with a capitalization of close to 120 billion dollars, chains its fourth consecutive trimester beating expectations, supported by the demand for electrical infrastructure for artificial intelligence. Keys of the operation ABB raises the annual revenue forecast after a jump in orders for …

ABB continues to grow strongly and the share price is rising after another record quarter. The power and automation giant's CEO Morten Wierød sees no end to the order boom –…

ABB significantly increased sales in the first quarter of 2026. Order intake also increased noticeably. The annual outlook is now being increased.

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Moneycab broke the news on Wednesday, April 22, 2026.
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