Wabco Holdings (WBC) Tops Q4 EPS by 4c
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WABCO’s Sales Growth in 2016 Solidly Outperforms Global Commercial Vehicle Market; Provides Guidance for 2017
February 17, 2017 6:30 AM ESTQ4 2016 sales of $713.7 million, up 6.4 percent from a year ago and up 8.3 percent in local currencies Full year 2016 sales of $2,810.0 million, up 6.9 percent from a year ago and up 8.7 percent in local currencies Q4 2016 reported operating margin of 12.8 percent, up from 11.2 percent a year ago; performance Q4 2016 operating margin of 14.0 percent, up from 13.1 percent a year ago Full year 2016 reported operating margin of 12.7 percent, up from 10.3 percent a year ago; performance full year 2016 operating margin of 13.9 percent, up from 13.5 percent a year ago For full year 2016, WABCO continued to strongly convert... More
