Financial Releases

Financial Releases

Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry
Jun 15, 2021
GM to engineer and supply its Ultium battery and HYDROTEC hydrogen fuel cell systems for Wabtec freight locomotives PITTSBURGH --(BUSINESS WIRE)--Jun. 15, 2021-- Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM ) today announced they will collaborate to develop and commercialize GM’s
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Wabtec Begins Operations at Neighborhood 91 Additive Hub
Jun 08, 2021
PITTSBURGH , June 08, 2021 (GLOBE NEWSWIRE) -- Wabtec Corporation  (NYSE: WAB) celebrated today the start of operations at Neighborhood 91, the additive manufacturing production campus at Pittsburgh International Airport’s Innovation Campus. The new 11,000-sq-ft facility builds upon Wabtec’s
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Wabtec Announces Pricing of €500 Million Senior Notes Offering
May 28, 2021
PITTSBURGH --(BUSINESS WIRE)--May 28, 2021-- Wabtec Corporation (NYSE:WAB) (“Wabtec”) and Wabtec Transportation Netherlands B.V. (the “Issuer”), a wholly owned subsidiary of Wabtec , have announced the pricing of the Issuer’s public offering of €500 million aggregate principal amount of 1.250%
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Wabtec’s All-Battery Locomotive, FLXdrive, Lowers Freight Train’s Fuel Consumption by More Than 11 Percent in California Pilot
May 17, 2021
FLXdrive is the world’s first 100% battery-powered, heavy-haul freight locomotive On a mission to net-zero emissions, the FLXdrive battery locomotive uses 18,000 batteries to cut the world’s carbon footprint PITTSBURGH --(BUSINESS WIRE)--May 17, 2021-- Wabtec Corporation (NYSE: WAB) announced today
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Wabtec Reports First Quarter 2021 Results; Updates 2021 Guidance
Apr 29, 2021
Delivered Strong Cash Flow from Operations of $292 Million First Quarter Reported GAAP Earnings Per Share of $0.59 ; Adjusted EPS of $0.89   Converted Key Long -term Orders, Strengthening Book-to-Bill Expanded Into Global Maintenance of Way Market with Strategic Acquisition of Nordco On-track to
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Wabtec Announces First Quarter 2021 Earnings Release Date
Apr 08, 2021
PITTSBURGH --(BUSINESS WIRE)--Apr. 8, 2021-- Wabtec Corporation (NYSE: WAB) announced it will report 2021 first quarter results before the U.S. financial markets open on April 29, 2021 . 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 to Acquire Nordco
Mar 23, 2021
Strategic Combination to Drive Shareholder Value by Accelerating Global Growth in Rail Maintenance of Way PITTSBURGH --(BUSINESS WIRE)--Mar. 23, 2021-- Wabtec Corporation (NYSE: WAB) announced today it has signed a definitive agreement to acquire Nordco , a leading North American supplier of new,
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Wabtec Wins a Significant Order for London Underground
Mar 22, 2021
PITTSBURGH --(BUSINESS WIRE)--Mar. 22, 2021-- Wabtec Corporation (NYSE: WAB) secured an order to supply Siemens Mobility with several products for the London Underground’s Piccadilly Upgrade Program. The deal, valued at more than $70 million , is for brakes, air conditioning and ventilation (HVAC),
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Wabtec Declares Regular Quarterly Common Dividend
Mar 10, 2021
PITTSBURGH --(BUSINESS WIRE)--Mar. 10, 2021-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 21, 2021 to holders of record on May 7, 2021 . About Wabtec Corporation   Wabtec Corporation is
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Wabtec Reports Fourth Quarter and Full-Year 2020 Results; Issues 2021 Financial Guidance
Feb 18, 2021
Delivered Strong Cash Flow from Operations of $784 Million for 2020 Including ~$220 Million of One Time Cash Impacts; Returned ~$300 Million to Shareholders Fourth Quarter Reported GAAP Earnings Per Share of $0.46 ; Adjusted EPS of $0.98 ; Full Year GAAP Earnings Per Share of $2.17 ; Adjusted EPS
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