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WILMERDING, PA, July 21, 2015 – Wabtec Corporation (NYSE: WAB) will celebrate its 20th anniversary as a New York Stock Exchange (NYSE) listed company by ringing the Closing Bell today. Shares of Wabtec officially began trading on the exchange on June 16, 1995.
 
President and Chief Executive Officer Ray Betler will do the honors of ringing the bell. Mr. Betler will be joined by members of Wabtec’s executive management team and the company’s board of directors, including Executive Chairman Al Neupaver and Lead Director Bill Kassling.
 
In addition to celebrating 20 years on the exchange, Wabtec holds the distinction of being the only company on the NYSE, or any U.S. stock exchange, whose year-end stock price has increased every year for the past 14 years.
 
Headquartered in Wilmerding, PA, Wabtec has a rich history with the Pittsburgh region dating back to 1869 when its founder, George Westinghouse, revolutionized the rail industry with the invention of the air brake. Today Wabtec supplies highly engineered components and systems for rail and power generation markets in more than 100 countries around the world.
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WILMERDING, PA, July 15, 2015 – Wabtec Corporation (NYSE: WAB) will report 2015 second quarter results before the U.S. financial markets open on Thursday, July 23. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. the same day. To listen to the call via webcast, please go to www.wabtec.com and click on the “Investor Relations” and “Webcasts” tabs of the site. An audio replay of the call will also be available by calling 412-317-0088 (passcode: 466#).
 
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services.

WILMERDING, PA, June 17, 2015 – Wabtec Corporation (NYSE: WAB) has acquired Metalocaucho, a European-based manufacturer of transit products, primarily rubber components for suspension and vibration control systems. Based in northern Spain, the company has annual sales of about $25 million.
 
Metalocaucho provides a variety of rubber-to-metal components used mainly on high-speed, inter-city and metro passenger transit cars. Its customers include original equipment manufacturers and transit agencies throughout Europe, and in China and India.
 
Raymond T. Betler, Wabtec’s president and chief executive officer, said: “Metalocaucho expands our geographic footprint in key markets with key customers and broadens our existing portfolio of specialty rubber components. We see opportunities to grow the business by integrating its products into our distribution channels, especially in North America, and by leveraging its existing customer relationships.”
 
Metalocaucho has about 100 employees, with facilities in Spain, China and India.
 
Wabtec Corporation is a global provider of value-added, technology-based products and services for rail and other industrial markets. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles....

WILMERDING, PA, April 28, 2015 – Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 6 cents per share, payable on May 29, 2015 to holders of record on May 15, 2015.
 
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services.

WILMERDING, PA, April 28, 2015 – Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 6 cents per share, payable on May 29, 2015 to holders of record on May 15, 2015.
 
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services.

WILMERDING, PA, April 22, 2015 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2015 first quarter, including the following:

  • First quarter sales were $819 million, 18 percent higher than the year-ago quarter, due to growth in the Freight Group.
  • Income from operations was a record $148 million, or 18.1 percent of sales, compared to 17.5 percent in the year-ago quarter.
  • Earnings per diluted share were a record 99 cents, which was 19 percent higher than the year-ago quarter.
  • At March 31, 2015, the company had cash of $249 million and debt of $421 million. Based on its first quarter results and outlook for the rest of the year, Wabtec increased its 2015 guidance for earnings per diluted share to about $4.10, with revenues expected to be up about 10 percent for the year.

 
Raymond T. Betler, Wabtec’s president and chief executive officer, said: “With a strong first quarter, we’re off to a good start for the year. We will continue to face challenges during the year, including global economic uncertainty and foreign currency exchange headwinds, but we expect to benefit from our strong...

WILMERDING, PA, April 22, 2015 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2015 first quarter, including the following:

  • First quarter sales were $819 million, 18 percent higher than the year-ago quarter, due to growth in the Freight Group.
  • Income from operations was a record $148 million, or 18.1 percent of sales, compared to 17.5 percent in the year-ago quarter.
  • Earnings per diluted share were a record 99 cents, which was 19 percent higher than the year-ago quarter.
  • At March 31, 2015, the company had cash of $249 million and debt of $421 million. Based on its first quarter results and outlook for the rest of the year, Wabtec increased its 2015 guidance for earnings per diluted share to about $4.10, with revenues expected to be up about 10 percent for the year.

 
Raymond T. Betler, Wabtec’s president and chief executive officer, said: “With a strong first quarter, we’re off to a good start for the year. We will continue to face challenges during the year, including global economic uncertainty and foreign currency exchange headwinds, but we expect to benefit from our strong...

WILMERDING, PA, April 15, 2015 – Wabtec Corporation (NYSE: WAB) will report 2015 first quarter results before the U.S. financial markets open on Wednesday, April 22. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. the same day. To listen to the call via webcast, please go to www.wabtec.com and click on the “Investor Relations” and “Webcasts” tabs of the site. An audio replay of the call will also be available by calling 412-317-0088 (passcode: 466#).
 
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. Tim

WILMERDING, PA, May 13, 2015 – Wabtec Corporation (NYSE: WAB) today 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.
 
Raymond T. Betler, Wabtec’s president and chief executive officer, said: “Based on our current financial performance and future outlook, the company has ample financial strength to invest in growth opportunities and to return a greater portion of our cash flow to shareholders. We intend to continue to review our policies periodically based on Wabtec’s ongoing performance and growth prospects.”
 
Also today, at the company’s annual meeting in Pittsburgh Wabtec shareholders elected three directors and approved other company proposals. Directors elected were: Brian P. Hehir, Michael W.D. Howell, and Nickolas W. Vande Steeg.
 
In addition, shareholders ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the 2015 fiscal year and approved a non-binding proposal relating to executive compensation.
 
Wabtec Corporation is a global provider of value-added, technology-based...

WILMERDING, PA, February 18, 2015 – Wabtec Corporation (NYSE: WAB) today reported record results for 2014, including the following: In the fourth quarter, earnings per diluted share were a record 95 cents, 25 percent higher than the year-ago quarter.

  • Sales for the fourth quarter increased 20 percent to a record $821 million, driven by higher sales in both the Freight and Transit groups.
  • ncome from operations in the fourth quarter was a record $137 million or 16.7% of sales, compared to $111 million or 16.3% of sales in the year-ago fourth quarter.
  • For the full year, Wabtec had sales of $3.04 billion, income from operations of $527 million or 17.3% of sales, and earnings per diluted share of $3.62, all records. For the full year, the company generated cash flow from operations of $472 million, which exceeded net income of $352 million.
  • At year-end, the company had cash of $426 million and debt of $520 million.
  • In 2014, Wabtec repurchased 346,800 shares of its common stock for about $27 million.

 
Also today, Wabtec issued 2015 guidance for earnings per diluted share of about $4.05, with revenues...

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