Morten Wierod

Chief Executive Officer, Abb

Search every verified Morten Wierod interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Morten Wierod, CEO of ABB, discussed the company's second-quarter 2026 results during an earnings call on July 16, 2026. He reported that the quarter set new records for both orders and revenues, with good earnings growth, solid margin improvement, and strong cash flow, stating that "things progressed more or less as planned" and that the company delivered on its guidance. Wierod highlighted three recently announced acquisitions, including the Italian company Special Trasfo, which specializes in medium voltage transformers, and noted that combined they would add approximately 3.5% to ABB's 2025 revenues. He clarified that ABB is "not going back into the general power" with the Special Trasfo acquisition. Regarding the data center market segment, Wierod addressed questions about the sustainability of order intake, stating that the company sees a "very strong pipeline" and that large customers have clear capital allocation and investment plans. He noted that ABB does not take orders it cannot commit to executing on schedule. On the topic of acquisition multiples, Wierod said that at a 19.5 times multiple, the company sees synergy opportunities—primarily commercial and growth-related—that would bring the multiple into the mid-teens, and that the acquired business is "a high performing business" that will be accretive to earnings per share in the second year.