Financial Releases

Financial Releases

Wabtec Comment on Progress Rail Complaint
Sep 11, 2023
PITTSBURGH --(BUSINESS WIRE)--Sep. 11, 2023-- Wabtec Corporation today released the following statement about the purported antitrust complaint filed last week by Progress Rail, a Caterpillar Inc. company: “We believe that Progress Rail’s recent complaint against Wabtec at its core is an
Wabtec Delivers Strong Second Quarter 2023 Results; Raises Full-Year Guidance
Jul 27, 2023
Sales Growth of 17.5% to $2.41 Billion ; Freight Segment Sales Growth of 14.6% and Transit Segment Sales Growth of 25.3% Second Quarter Reported GAAP Earnings Per Share of $1.06 , Up 16.5%; Adjusted Earnings Per Share of $1.41 , Up 14.6% Raised Mid-Point of Full-Year Adjusted EPS to Up 16%
CN to Modernize 60 Additional Locomotives with Wabtec
Jul 26, 2023
Program improves the fuel efficiency and performance of CN’s existing fleet   MONTREAL and PITTSBURGH, July 26, 2023 – CN (TSX: CNR) (NYSE: CNI) and Wabtec Corporation (NYSE: WAB) announced an order to enhance an additional 60 locomotives in CN’s existing fleet through Wabtec’s modernization
Wabtec Digital Mine Secures Deals with Global Mining Companies for 3,500 Gen 3 Collision Avoidance Systems
Jul 24, 2023
PITTSBURGH --(BUSINESS WIRE)--Jul. 24, 2023-- Wabtec (NYSE: WAB) Digital Mine , a leading provider of innovative mining solutions, announced the company received a series of orders for 3,500 of its new Generation 3 Collision Avoidance System (Gen 3 CAS) from three major global mining companies.
Wabtec Declares Regular Quarterly Common Dividend
Jul 20, 2023
PITTSBURGH --(BUSINESS WIRE)--Jul. 20, 2023-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on August 28, 2023 , to holders of record on August 14, 2023 .
Vale partners with Wabtec on alternative fuels study and orders three FLXdrive battery electric locomotives
Jul 13, 2023
The goal is to eliminate the railroad’s emissions in the future with battery power and alternative fuels RIO DE JANEIRO-- (BUSINESS WIRE)--Jul. 13, 2023-- Vale announced a partnership with Wabtec Corporation (NYSE: WAB) to advance the decarbonization of the company's rail operations.
Wabtec Secures Largest Parts Agreement with PT IMECO to Support PT KAI’s Locomotive Fleet
Jul 10, 2023
PITTSBURGH, July 10, 2023 — Wabtec Corporation (NYSE: WAB) entered into a multi-year parts agreement with PT Imeco Inter Sarana (PT IMECO) that will support PT Kereta Api Indonesia’s (PT KAI) 150 locomotive fleet. The $190 million dollar agreement provides service kits and training to PT KAI for
Wabtec Wins Significant Component Order for Major German-Austrian Transit Consortium Project
Jul 06, 2023
PITTSBURGH --(BUSINESS WIRE)--Jul. 6, 2023-- Wabtec Corporation (NYSE: WAB) won a prestigious contract to supply passenger information systems (PIS) and pantographs for up to 504 Stadler cars as part of the VDV Tram-Train project. The order will enhance the passenger experience and power the new
CBH Acquires Narrow-Gauge Locomotives From Wabtec
Jun 29, 2023
PERTH, Australia --(BUSINESS WIRE)--Jun. 29, 2023-- The CBH Group (CBH) has entered into an agreement with Wabtec Corporation (NYSE: WAB) to acquire 17 narrow-gauge locomotives, marking a significant investment in expanding the co-operative’s rail fleet as part of the ‘Path to 2033 Strategy’.
Wabtec Announces Second Quarter 2023 Earnings Release Date
Jun 28, 2023
PITTSBURGH --(BUSINESS WIRE)--Jun. 28, 2023-- Wabtec Corporation (NYSE: WAB) announced it will report 2023 second quarter results before the U.S. financial markets open on July 27, 2023 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
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