Financial Releases

Financial Releases

Wabtec Acquires Super Metal to Grow Its Railway Maintenance Portfolio
Nov 17, 2022
PITTSBURGH --(BUSINESS WIRE)--Nov. 17, 2022-- Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations.
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Wabtec Donates $25,000 to Support Florida Hurricane Relief Efforts
Nov 16, 2022
PITTSBURGH --(BUSINESS WIRE)--Nov. 16, 2022-- The Wabtec Foundation , the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $25,000 to support local relief efforts in Florida following Hurricanes Ian and Nicole. The donation is being made to the Red Cross .
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Wabtec Reports Strong Third Quarter 2022 Results
Nov 01, 2022
Sales Growth of 9.1% to $2.08 Billion ; Sales Up 14.3% Excluding Impacts of Foreign Currency Exchange Operating Margin of 12.5%, Up 1. 1 Percentage Points ; Strong Third Quarter Adjusted Operating Margin of 16.4% T hird Quarter Reported GAAP Earnings Per Share of $0.88 ; Adjusted Earnings Per Share
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Wabtec Declares Regular Quarterly Common Dividend
Oct 21, 2022
PITTSBURGH --(BUSINESS WIRE)--Oct. 21, 2022-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on November 28, 2022 to holders of record on November 14, 2022 .
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Wabtec to Highlight Electrification and Sustainable Mining Operations at Bauma 2022
Oct 18, 2022
PITTSBURGH --(BUSINESS WIRE)--Oct. 18, 2022-- Wabtec Corporation (NYSE: WAB) announced today it will highlight its portfolio of integrated mining systems at Bauma, the world's leading trade show for construction machinery, building material machines, mining machines, construction vehicles and
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Wabtec partners with Akiem on service contract to maximize locomotive availability in France and Germany
Oct 13, 2022
PITTSBURGH --(BUSINESS WIRE)--Oct. 13, 2022-- Wabtec Corporation (NYSE: WAB) signed a services contract with Akiem, a leading European rolling stock leasing company, to provide maintenance of critical equipment for locomotive fleets in Europe . The deal will improve safety, reliability, and
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Wabtec Announces Third Quarter 2022 Earnings Release Date
Oct 07, 2022
PITTSBURGH --(BUSINESS WIRE)--Oct. 7, 2022-- Wabtec Corporation (NYSE: WAB) announced it will report 2022 third quarter results before the U.S. financial markets open on November 1, 2022 . 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 and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdriveTM Battery-Electric Shunters and NextFuelTM Liquid Natural Gas-Powered Locomotives
Sep 20, 2022
PITTSBURGH --(BUSINESS WIRE)--Sep. 20, 2022-- Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdrive TM battery-electric shunters and modernization work to transform the mainline fleet into NextFuel TM liquid natural gas-powered
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Wabtec Wins Order to Supply Panama’s Metrolink System with Leading-Edge Platform Screen Doors
Sep 15, 2022
PITTSBURGH --(BUSINESS WIRE)--Sep. 15, 2022-- Wabtec Corporation (NYSE: WAB) won an order to supply 300 half-height platform screen doors across Metro de Panama’s L3 monorail stations being built by Hitachi Rail , as part of the Grupo de Empresas Sunrise Monorail.
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Wabtec Announces Expanded Credit Facility
Aug 17, 2022
PITTSBURGH --(BUSINESS WIRE)--Aug. 17, 2022-- Wabtec Corporation (NYSE: WAB) announced today that it signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term
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