ABB (ABB) AGM 2026 summary

Opening remarks and agenda

• The meeting was held in Oerlikon, a site of historical significance, and welcomed both in-person and online participants, including shareholders, board members, and special guests such as students and major shareholders.

• Formalities included confirmation of proper convening, introduction of the executive team, auditors, and independent proxy, and instructions for electronic voting and participation.

Financial performance review

• 2025 was reported as a record year with strong orders, a $25 billion order backlog, free cash flow of $4.6 billion, and an operational EBITA margin of 19%.

• All three business areas—Electrification, Motion, and Automation—showed robust growth, with Electrification orders up 13%, Motion up 6%, and Automation up 30%.

• The company raised its operational EBITA margin target to 18%-22% and aims for 5%-7% revenue growth through the cycle.

Board and executive committee updates

• Christian Nilsson was introduced as the new CFO, succeeding Timo Ihamuotila.

• The board and executive committee were recognized for their commitment and performance, with a focus on internal talent development and diversity.