ABB (ABB) AGM 2026 summary

Opening remarks and agenda

• The meeting was held at a historic venue, with a welcome to shareholders, board members, and special guests, including students and the largest shareholder's representative.

• The Chairman outlined the agenda, introduced the executive team, and confirmed the meeting's legal constitution and quorum.

• Voting procedures were explained, with electronic ballots and independent proxy oversight.

Financial performance review

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

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

• The company raised its operational EBITA margin target to 18%-22% and expects 6%-9% revenue growth in 2026.

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 performance and commitment, with emphasis on internal talent development.