Westinghouse Air Brake Technologies : 1/25/2017 Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date
January 25, 2017 at 10:02 am
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WILMERDING, PA, January 25, 2017 - Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 10 cents per share, payable on Feb. 24, 2017 to holders of record on Feb. 10, 2017.
Wabtec also said it will report 2016 fourth quarter and full-year results before the U.S. financial markets open on Tuesday, Feb. 21. 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 'Investors' 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 (www.wabtec.com) is a leading global provider of equipment, systems and value-added services for transit and freight rail. 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. The company has facilities located throughout the world.
Wabtec Corporation published this content on 25 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2017 15:02:03 UTC.
Original documenthttps://www.wabtec.com/press-releases/7570/wabtec-declares-regular-quarterly-dividend-announces-earnings-release-date
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Westinghouse Air Brake Technologies Corporation is one of the world's leading suppliers of value-added technological equipment, systems and services for the transportation sector. The activity is aorganized primarily around 4 families of products and services:
- electronics and special products: including electronic positive train control and pneumatic braking systems, event recorders, monitoring equipment, couplings, gears, couplers, air compressors and heat exchangers;
- transit products: heating, ventilation and air conditioning equipment, doors for buses and metro cars, pantographs, window assemblies, couplers, traction motors, etc.;
- brake components and friction products;
- refurbishment, overhaul and construction services: suburban locomotive construction and switching, overhaul and refurbishment of buses, subway cars and locomotives.
Net sales per market are divided between rail freight transport (71.9%), bus, metro and high-speed train transport (28.1%).
Net sales are distributed geographically as follows: the United States (47%), North America (9.1%), Europe (17%), South America (3.6%), Africa (1.1%) and other (22.2%).