Wabtec delivered a robust first quarter with 13% revenue growth and 19% adjusted EPS increase, supported by strong backlog and operational execution. The company remains optimistic on international markets and strategic wins, underpinning its long-term growth trajectory.
- Revenues reached $3 billion, up 13%, with adjusted EPS rising 19%, driven by operational gains and favorable currency/tax benefits.
- 12-month backlog increased 13%, with multiyear backlog exceeding $30 billion, highlighting sustained market momentum.
- International markets, especially Latin America, Africa, and India, showed resilient growth, while North American carload traffic grew modestly.
- Notable wins include a multibillion-dollar mining order and a $210 million locomotive modernization deal, reinforcing market leadership.
- Strategic acquisitions, including Frauscher and Dellner, are integrating well, with early synergy benefits ahead of expectations.
Community Discussion