ABB Reports Strong Q1, Plans Robotics Spin-Off

ABB reported strong first-quarter earnings that exceeded analyst expectations, with net profit and operational earnings rising despite a challenging global environment. The company announced plans to spin off its Robotics division as an independently listed company by the second quarter of 2026, aiming to enhance value creation and operational focus for both ABB and the new entity. The move is expected to allow more targeted governance, capital allocation, and growth potential, with ABB Robotics continuing to offer intelligent automation and AI-enabled solutions to address productivity and sustainability challenges. ABB leadership emphasized that the separation reflects limited business and technology synergies between the robotics business and other ABB divisions, supporting long-term strategic goals for both entities. The Robotics division has demonstrated strong performance and resilience, and the spin-off is intended to optimize customer value and attract new talent.