Financial Releases

Financial Releases

Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance
Jul 29, 2021
Strong Cash Flow from Operations of $223 Million ; Year-to-Date Cash Flow From Operations of $515 Million Second Quarter Reported GAAP Earnings Per Share of $0.66 ; Adjusted EPS of $1.06   Raising Full-Year Sales, GAAP EPS and Adjusted EPS Guidance 12-month Backlog Highest Since 2 nd Quarter 2019;
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Wabtec Declares Regular Quarterly Common Dividend
Jul 22, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 22, 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 August 27, 2021 to holders of record on August 13, 2021 .
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Wabtec Appoints Byron Foster to Board of Directors
Jul 08, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 8, 2021-- Wabtec Corporation (NYSE: WAB) announced today the appointment of Byron Foster to its Board of Directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210708005099/en/
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Wabtec Announces Second Quarter 2021 Earnings Release Date
Jul 07, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 7, 2021-- Wabtec Corporation (NYSE: WAB) announced it will report 2021 second quarter results before the U.S. financial markets open on July 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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CSX and Wabtec Partner to Drive Sustainable Transportation Solutions
Jun 24, 2021
CSX enhances fleet with orders for locomotive modernizations and next generation Trip Optimizer TM Zero-to-Zero system JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 24, 2021-- CSX Corporation (NASDAQ: CSX) and Wabtec (NYSE: WAB) are partnering to accelerate sustainable rail by modernizing locomotives
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Wabtec Reduces Emissions at Port of Kiel in Germany with Shore Power Solutions
Jun 17, 2021
ShoreCONNECT has potential to reduce carbon emissions by 12,000 tons annually PITTSBURGH --(BUSINESS WIRE)--Jun. 17, 2021-- Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated the installation of a sustainable shore power solution to support cruise operators.
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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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