Financial Releases

Financial Releases

Wabtec Donates $100,000 to Support Ukraine Refugee Relief Efforts
Mar 08, 2022
PITTSBURGH --(BUSINESS WIRE)--Mar. 8, 2022-- The Wabtec Foundation , the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $100,000 to support Ukrainian refugee relief efforts. The donation will be split equally between the International Rescue Committee (IRC) and
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Wabtec Reports Strong 4th Quarter 2021 Results
Feb 16, 2022
Issues 2022 Financial Guidance Fourth Quarter Reported GAAP Earnings Per Share of $1.02 ; Adjusted Earnings Per Share Up 20.4% to $1.18 Sales Growth of 2.4% to $2.07 Billion ; GAAP Operating Margin of 12.7%; Adjusted Operating Margin Up 210 bps to 16.1% Full-Year Cash Flow from Operations up 36.9%
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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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