{"id":50615,"date":"2025-07-17T01:38:29","date_gmt":"2025-07-17T05:38:29","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/european-majors-report-mixed-q2-abb-and-volvo-group-outperform-volvo-cars-struggles-amid-macro-headwinds\/50615\/"},"modified":"2025-07-17T01:38:29","modified_gmt":"2025-07-17T05:38:29","slug":"european-majors-report-mixed-q2-abb-and-volvo-group-outperform-volvo-cars-struggles-amid-macro-headwinds","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/european-majors-report-mixed-q2-abb-and-volvo-group-outperform-volvo-cars-struggles-amid-macro-headwinds\/50615\/","title":{"rendered":"European Majors Report Mixed Q2: ABB and Volvo Group Outperform, Volvo Cars Struggles Amid Macro Headwinds"},"content":{"rendered":"<ul>\n<li>\n<p><strong>ABB Delivers Strong Q2 Performance Amidst Robust Order Growth<\/strong><br \/>\n<strong>ABB<\/strong> (<a href=\"\/stock\/ABB\">ABB<\/a>) reported better-than-expected Q2 2025 results, driven by strong order growth and improved profit margins. The industrial giant&#39;s operational EBITA reached <strong>$1.71 billion<\/strong>, surpassing estimates of <strong>$1.66 billion<\/strong>, with an impressive EBITA margin of <strong>19.2%<\/strong> against an estimated <strong>18.8%<\/strong>. Orders also significantly exceeded expectations, coming in at <strong>$9.79 billion<\/strong> compared to an estimated <strong>$8.93 billion<\/strong>. The company anticipates comparable revenue growth in the mid-single-digit range for the full year and at least mid-single-digit growth in the third quarter, reflecting a positive outlook for its factory automation business.<\/p>\n<\/li>\n<li>\n<p><strong>Volvo Group Posts Solid Q2 Earnings, While Volvo Cars Faces Headwinds<\/strong><br \/>\n<strong>Volvo Group<\/strong> (<a href=\"\/stock\/VOLV-B\">VOLV-B<\/a>) announced a strong second quarter for 2025, with adjusted operating profit reaching <strong>SEK 13.48 billion<\/strong>, outperforming the estimated <strong>SEK 13.12 billion<\/strong>. Net sales for the quarter were <strong>SEK 122.9 billion<\/strong>, slightly above the <strong>SEK 122.06 billion<\/strong> estimate, and the adjusted operating margin stood at <strong>11%<\/strong>. The company maintained its full-year outlook for the China medium\/heavy-duty truck market at <strong>710,000 units<\/strong>.<\/p>\n<\/li>\n<\/ul>\n<p>In contrast, <strong>Volvo Cars<\/strong> (<a href=\"\/stock\/VOLCAR-B\">VOLCAR-B<\/a>) reported a challenging Q2 2025, posting a loss with a negative EBIT margin of <strong>-10.6%<\/strong> and a basic EPS of <strong>SEK -2.53<\/strong>. While revenue of <strong>SEK 93.5 billion<\/strong> exceeded estimates, adjusted EBIT of <strong>SEK 2.9 billion<\/strong> fell short. The company noted that demand <em>remains under pressure<\/em> from <em>macroeconomic conditions<\/em> and <em>tariffs<\/em>. Despite the difficult quarter, <strong>Volvo Cars<\/strong> confirmed that its <strong>SEK 18 billion<\/strong> turnaround plan is <em>progressing as planned<\/em>.<\/p>\n<ul>\n<li><strong>Novartis Exceeds Sales and EPS Estimates, Nordea Bank Hit by Rate Cuts<\/strong><br \/>\nSwiss pharmaceutical giant <strong>Novartis<\/strong> (<a href=\"\/stock\/NVS\">NVS<\/a>) reported a strong second quarter for 2025, with net sales reaching <strong>$14.05 billion<\/strong>, slightly above the <strong>$14.04 billion<\/strong> estimate, and core EPS of <strong>$2.42<\/strong>, exceeding the <strong>$2.34<\/strong> estimate. Key drug sales were mixed, with Entresto sales at <strong>$2.36 billion<\/strong> and Kisqali sales at <strong>$1.18 billion<\/strong> surpassing estimates, while Cosentyx sales of <strong>$1.63 billion<\/strong> and Tasigna sales of <strong>$327 million<\/strong> fell short.<\/li>\n<\/ul>\n<p>Meanwhile, <strong>Nordea Bank Abp<\/strong> (<a href=\"\/stock\/NDA-FI\">NDA-FI<\/a>) experienced a decline in income from lending for a <em>fifth consecutive quarter<\/em>. This downturn was attributed to <em>continued interest-rate cuts by central banks<\/em>, which dented the bank&#39;s second-quarter earnings.<\/p>\n<ul>\n<li>\n<p><strong>Berenberg Lowers Aker BP Target Price Amid Production Concerns<\/strong><br \/>\nIn the energy sector, Berenberg has lowered its target price for <strong>Aker BP<\/strong> (<a href=\"\/stock\/AKRBP.OL\">AKRBP.OL<\/a>) from <strong>NOK 225<\/strong> to <strong>NOK 220<\/strong>. The downgrade was prompted by <em>concerns over declining production<\/em> and <em>high capital spending<\/em> by the Norwegian oil and gas exploration and production company.<\/p>\n<\/li>\n<li>\n<p><strong>European Stocks Anticipate Higher Open<\/strong><br \/>\nLooking broadly at the market, European stocks are <em>set to open higher<\/em> as investors weigh the ongoing discussions around <em>tariffs<\/em> and recent <em>comments from former President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a><\/em>. This sentiment suggests a cautious optimism among traders as they assess geopolitical and economic factors impacting the region.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>ABB Delivers Strong Q2 Performance Amidst Robust Order Growth ABB (ABB) reported better-than-expected Q2 2025 results, driven by strong order 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