ABB Ltd. reported a fourth-quarter profit of $987 million, with net income per share at 53 cents. Adjusted earnings, accounting for discontinued operations, were 54 cents per share, demonstrating robust financial performance.
The company achieved record operational EBITDA and gross margins during the quarter, reflecting strong operational effectiveness. This performance underscores the success of ABB's strategic focus on profitable growth.
Alongside its strong financial results, ABB announced strategic investments aimed at future growth. The company also initiated a new share buyback program, signaling confidence in its valuation and a commitment to returning capital to shareholders.
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