Financial Releases

Financial Releases

Wabtec to Acquire Evident’s Inspection Technologies Division
Jan 14, 2025
Attractive purchase multiple of 12.0x 2025 Projected Adj. EBITDA supported by high single-digit revenue growth outlook, accretive Adj. EBIT margins and accretive ROIC   Accelerates the growth of Digital Intelligence by leveraging scalable technologies that drive customer productivity, reliability
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Wabtec Announces Fourth Quarter 2024 Earnings Release Date
Jan 13, 2025
PITTSBURGH --(BUSINESS WIRE)--Jan. 13, 2025-- Wabtec Corporation (NYSE: WAB) announced it will report 2024 fourth quarter results before the U.S. financial markets open on February 12, 2025 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30
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Wabtec Acquires Bloom Engineering to Strengthen its Heat Transfer and Energy Solution Portfolio
Dec 30, 2024
PITTSBURGH --(BUSINESS WIRE)--Dec. 30, 2024-- Wabtec Corporation (NYSE: WAB) announced today it has acquired Bloom Engineering, Inc. , a leading provider in industrial heating applications. This acquisition strengthens Wabtec’s portfolio of heat transfer and energy solutions, integrating Bloom
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Wabtec Acquisitions Expand Capabilities of its Transit Business
Nov 12, 2024
Additions of Fanox and Kompozitum to Provide Long-Term Profitable Growth PITTSBURGH --(BUSINESS WIRE)--Nov. 12, 2024-- Wabtec Corporation (NYSE: WAB) announced today a strategic investment in its Transit Business with the acquisitions of Fanox and Kompozitum.
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Wabtec Reports Third Quarter 2024 Results; Raised and Tightened Adjusted EPS Guidance
Oct 23, 2024

GAAP Diluted Earnings Per Share of $1.63 , Up 22.6%; Adjusted Diluted Earnings Per Share of $2.00 , Up 17.6% GAAP Operating Margin at 16.3%; Adjusted Operating Margin Up 1.8 pts to 19.7% Sales Growth of 4.4% to $2.66 billion Returned $634 million to Shareholders via Share Repurchases and Dividends

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Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy
Oct 21, 2024
PITTSBURGH --(BUSINESS WIRE)--Oct. 21, 2024-- Wabtec (NYSE: WAB) announced today a $405-million agreement to supply Evolutions Series ES44ACi locomotives to Kazakhstan Temir Zholy (KTZ). The new locomotives will upgrade KTZ’s aging fleet and support growing rail demand in the region.
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Wabtec Declares Regular Quarterly Common Dividend
Oct 17, 2024

PITTSBURGH --(BUSINESS WIRE)--Oct. 17, 2024-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 20 cents per share, payable on November 27, 2024 , to holders of record on November 13, 2024 .

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Wabtec Announces Third Quarter 2024 Earnings Release Date
Sep 24, 2024
PITTSBURGH --(BUSINESS WIRE)--Sep. 24, 2024-- Wabtec Corporation (NYSE: WAB) announced it will report 2024 third quarter results before the U.S. financial markets open on October 23, 2024 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
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Wabtec Secures a $277-Million Locomotive Order from SimFer (Rio Tinto JV) to Support the Simandou Iron Ore Project
Jul 30, 2024
PITTSBURGH --(BUSINESS WIRE)--Jul. 30, 2024-- Wabtec Corporation (NYSE: WAB) today announced an order for Evolution Series ES43ACmi locomotives from SimFer, a joint venture among the Government of the Republic of Guinea , Rio Tinto, and Chalco Iron Ore Holdings (CIOH).
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Wabtec Reports Second Quarter 2024 Results Raised and Tightened Adjusted EPS Guidance
Jul 24, 2024
GAAP Diluted Earnings Per Share of $1.64 , Up 54.7%; Adjusted Diluted Earnings Per Share of $1.96 , Up 39.0% GAAP Operating Margin at 16.3%; Adjusted Operating Margin Up 2.9 pts to 19.3% Sales Growth of 9.8% to $2.64 billion ; Freight Segment Sales Growth of 13.1% Returned $235 million to
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