Financial Releases

Financial Releases

Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT
Feb 27, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 27, 2024-- Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency.
Wabtec Announces Pricing of Senior Notes Offering
Feb 26, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 26, 2024-- Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the “Notes”). The Notes will be guaranteed by each of Wabtec’s current and future
MRS Orders 30 Wabtec Evolution Series Locomotives
Feb 21, 2024
R$500 million investment in MRS fleet renewal strategy RIO DE JANEIRO & PITTSBURGH --(BUSINESS WIRE)--Feb. 21, 2024-- MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$500 million with the first
Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance
Feb 14, 2024
GAAP Earnings Per Share of $1.20 , Up 39.5%; Adjusted Earnings Per Share of $1.54 , Up 18.5% Behind Sales Growth of 9.5% GAAP Operating Margin at 12.2%; Adjusted Operating Margin Up 1.7 pts to 17.0% Fourth Quarter Operating Cash Flow of $686 Million ; Full-Year Cash Flow from Operations up 15.7% to
Wabtec and CSX Extend Deal to Modernize over 200 Locomotives
Feb 13, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 13, 2024-- Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX’s fleet
Wabtec Wins Major Door and HVAC Contract for Norske Tog’s New Train Fleet
Feb 12, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 12, 2024-- Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway -based Norske Tog’s new regional trains.
Wabtec Awarded $157 Million Brake System Order from Siemens Limited
Jan 24, 2024
HOSUR, January 24, 2024 — Wabtec Corporation (NYSE: WAB) announced today a large brake system order from the Mobility Business of Siemens India Private Limited for the prestigious 9000HP locomotive project for Indian Railways. The $157 million (Rs.1300 crore) order will provide improved operating
Wabtec’s Trip OptimizerTM Surpasses 1 Billion Miles Significantly Reducing the Rail Industry’s Fuel Consumption and Emissions
Jan 17, 2024
752 million gallons of fuel saved 7.7 million tons of emissions reductions PITTSBURGH --(BUSINESS WIRE)--Jan. 17, 2024-- Wabtec’s (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billion auto
Wabtec Announces Fourth Quarter 2023 Earnings Release Date
Jan 10, 2024
PITTSBURGH --(BUSINESS WIRE)--Jan. 10, 2024-- Wabtec Corporation (NYSE: WAB) announced it will report 2023 fourth quarter results before the U.S. financial markets open on February 14, 2024 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30
Wabtec Announces Railcar Telematics Platform
Dec 14, 2023
PITTSBURGH --(BUSINESS WIRE)--Dec. 14, 2023-- Wabtec (NYSE: WAB) announced today its entrance into the railcar telematics market via an agreement with Intermodal Telematics B.V. (“IMT”), a Dutch company, under which Wabtec will create a railcar telematics platform using IMT technology.
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