Wabtec Q3 Report 2022

 

Highlights

• Sales
  • $2.08B Up 9.1% YoY
• Adjusted operating Margin
  • 16.4% GAAP: 12.5
• Adjusted earnings per share
  • $1.22 GAAP: $0.88
• CASH Flow from operations
  • $204M
• Backlog
  • $22.61B

Overview

• • Sales were up 14.3% excluding foreign currency exchange … driven by strong Freight segment growth
  • Higher sales growth and improved productivity … offset by mix driven by higher locomotive sales
  • Adjusted EPS up 7.0% YoY … driven by strong Freight segment sales
  • YTD cash flow from operations of $628M … continue to invest for growth and maximize returns to shareholders
  • Backlog provides improved multi-year visibility … up $0.77B YoY and up $1.52B excluding FX impacts