Wabtec Corporation, a global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail, has consistently made a mark in the news with its impressive performance. The corporation's stock experienced some fluctuations but also noteworthy highs. Key highlights include its Q1 and Q2 earnings and revenue beating estimates, which led to a positive adjustment in its EPS view for 2024. Major contracts have been signed, including a significant brake system order from Siemens Limited worth $157 Million and a deal with CT IMECO for supporting PT KAI’s Locomotive Fleet. Wabtec's commitment to sustainability is showcased through its 2023 Sustainability Report and the delivery of the first FLXdrive Battery Locomotive. The Cybersecurity certification signifies the effort Wabtec puts in ensuring customer data safety. The inauguration of a new manufacturing campus in Rohtak, India and the opening of the first European Transit Performance Optimization Center in Derby, UK, demonstrate the company's global expansion approach. Wabtec Corporation continues to hold a promising portfolio, further solidified by numerous local and international agreements.
Wabtec WAB News Analytics from Fri, 06 Aug 2021 07:00:00 GMT to Fri, 12 Jul 2024 21:03:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
