Sebastian Kuenne's questions to ABB (ABLZF) leadership • Q4 2024
Question
Sebastian Kuenne of RBC Capital Markets asked about the E-mobility business, questioning the trajectory for 2025 given the significant operational loss in 2024 and when new products might lead to improvement.
Answer
Executive Morten Wierod acknowledged the division was a 'big drag' but stated that new products like the T400 fast charger will change the business. He expects sequential improvement quarter-by-quarter. Executive Ann-Sofie Nordh added that the total loss in 2025 is expected to be about half of 2024's, with the performance improvement being back-end loaded.