Wabtec has secured a $248m order from the Winning Consortium Simandou (WCS), a joint venture between Baowu and Winning, to supply locomotives and related services for the Simandou iron ore project ...
PITTSBURGH - Wabtec Corporation (NYSE: WAB), a $35.11 billion market cap rail industry leader currently trading near its 52-week high, has secured a significant $248 million contract to supply ...
After almost three decades of false starts, the massive Simandou iron ore mine in Guinea is on track to deliver a significant ...
Story Highlights Wabtec Corp. secured a $248 million contract with a Guinea company. Trains will run on an under construction railway connecting an iron ore mine to Port of Morebaya. Wabtec will ...
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Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec (WAB.N), opens new tab forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new ...
Wabtec Corp. on Feb. 12 reported “strong” fourth-quarter 2024 results that included 350-plus bps (basis points) of adjusted operating margin expansion, mid-single-digit revenue growth and a ...
Reports Q4 revenue $2.58B, consensus $2.62B. “The Wabtec (WAB) team delivered a strong 2024 as evidenced by higher orders, sales, margin expansion, increased earnings and robust cash flow ...