Financial Releases

Financial Releases

Union Pacific Railroad Makes Largest Investment in Wabtec's FLXdrive Battery-Electric Locomotive
Jan 28, 2022
OMAHA, Neb. , Jan. 28, 2022 /PRNewswire/ --  Union Pacific Railroad (NYSE: UNP) today announced the purchase of 10 FLXdrive battery-electric locomotives from Wabtec Corporation (NYSE: WAB). The order, which marks the largest investment in battery technology by a North American railroad, will
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BHP Group Orders Wabtec’s FLXdrive Battery Locomotives
Jan 16, 2022
MELBOURNE, Australia & PITTSBURGH --(BUSINESS WIRE)--Jan. 16, 2022-- Wabtec Corporation (NYSE: WAB) announced an order from BHP Western Australia Iron Ore (WAIO) for two FLXdrive battery locomotives. The deal builds momentum in the market for the world’s first 100-percent, battery-powered
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Wabtec Announces Fourth Quarter 2021 Earnings Release Date
Jan 13, 2022
PITTSBURGH --(BUSINESS WIRE)--Jan. 13, 2022-- Wabtec Corporation (NYSE: WAB) announced it will report 2021 fourth quarter results before the U.S. financial markets open on February 16, 2022 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30
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Rio Tinto Orders Wabtec FLXdrive Battery Locomotives to Reduce Emissions
Jan 10, 2022
PITTSBURGH --(BUSINESS WIRE)--Jan. 10, 2022-- Wabtec Corporation (NYSE: WAB) and Rio Tinto announced today an order for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company’s rail network in the Pilbara region of Western Australia .
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Wabtec Acquires MASU’s Railway Friction Business
Jan 04, 2022
HOSUR, Tamil Nadu, India --(BUSINESS WIRE)--Jan. 4, 2022-- Wabtec Corporation (NYSE: WAB) today announced it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry.
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Wabtec Wins TISS-Leapvault Award for Best Skill Development Program
Dec 15, 2021
MUMBAI, India --(BUSINESS WIRE)--Dec. 15, 2021-- Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, announced today its locomotive plant in Marhowrah, Bihar was recognized for the Best Skill Development Program at the Tata Institute of Social
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Wabtec India Technology & Engineering Center Recognized as Great Place to Work®
Nov 18, 2021
BENGALURU, India --(BUSINESS WIRE)--Nov. 18, 2021-- Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, announced today the Wabtec India Engineering and Technology Center (WITEC) based in Bengaluru and Hyderabad received Great Place to Work®
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Wabtec Publishes 2021 Sustainability Report and Highlights Progress Toward Key Environmental, Social and Governance Initiatives
Nov 15, 2021
PITTSBURGH --(BUSINESS WIRE)--Nov. 15, 2021-- Wabtec Corporation (NYSE: WAB) released today its 2021 Sustainability Report, which highlights the company’s accomplishments and commitments to building a more sustainable future by developing innovative technologies, driving responsible operations, and
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Wabtec Wins Major Locomotive and Services Deal from Egyptian National Railways
Nov 08, 2021
Order includes 100 locomotives and multi-year service agreement to support Egypt’s rail infrastructure needs PITTSBURGH --(BUSINESS WIRE)--Nov. 8, 2021-- Wabtec (NYSE: WAB) signed today contracts with Egyptian National Railways (ENR) to supply 100 ES30ACi Evolution Series Locomotives, as well as a
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Wabtec Reports Strong 3rd Quarter 2021 Results
Oct 27, 2021
Third Quarter Reported GAAP Earnings Per Share of $0.69 ; Adjusted Earnings Per Share Up 20.0% to $1.14 Sales Growth of 2.2% to $1.91 Billion ; GAAP Operating Margin of 11.4%; Adjusted Operating Margin +130 bps to 17.0% Year-to-Date Cash Flow from Operations up 66% to $759 Million ; 103%
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