Company Overview of Wabtec Corporation
Wabtec Corporation, through its subsidiaries, manufactures technology-based products and components for original equipment and aftermarket usage in rail, transit, and other industrial markets worldwide. It offers brake subsystems and related products for locomotives, freight cars, and passenger transit vehicles; electronic train-control equipment; new switcher and commuter locomotives; coupling, door control, and air conditioning systems for transit vehicles; heat-exchange equipment for rail, marine, power generation, off-highway, and industrial applications; pneumatic, hydraulic, and electro-pneumatic brake equipment, car couplers and current collectors; and intercity and metro cars, commut...
1001 Air Brake Avenue
Wilmerding, PA 15148
Founded in 1999
Key Executives for Wabtec Corporation
Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Senior Vice President, General Counsel and Secretary
Senior Vice President and Group Executive
Compensation as of Fiscal Year 2015.
Wabtec Corporation Key Developments
Wabtec Corporation Increases its Regular Quarterly Dividend, Payable on August 31, 2015
May 13 15
Wabtec Corporation increased its regular quarterly dividend to 8 cents per share, from 6 cents per share. The new dividend rate will be payable initially Aug. 31, 2015 to shareholders of record Aug. 17, 2015.
Wabtec Corporation Presents at Wolfe Research 8th Annual Global Transportation Conference, May-20-2015
May 1 15
Wabtec Corporation Presents at Wolfe Research 8th Annual Global Transportation Conference, May-20-2015 . Venue: The Marriott East Side Hotel, 525 Lexington Avenue, New York, New York, United States.
Wabtec Corporation Reports Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015
Apr 29 15
Wabtec Corporation reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s net income attributable to shareholders of the company was $96.16 million, or $0.99 per diluted share, compared to $80.13 million, or $0.83 per diluted share, for the same quarter ended March 31, 2014. Net sales were $818.59 million, compared to $695.25 million for the same quarter ended March 31, 2014. Income from operations was $148.42 million, compared to $121.85 million for the same quarter ended March 31, 2014.
The company has increased its 2015 guidance for earnings per diluted share to about $4.10, with revenues expected to be up about 10% for 2015.
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