The company said net sales for Q4 2023 rose 9.5% year over year to $2,526 million, with GAAP diluted earnings per share of $1.20 and adjusted diluted earnings per share of $1.54.

1. 01

   The company said net sales for Q4 2023 rose 9.5% year over year to $2,526 million, with GAAP diluted earnings per share of $1.20 and adjusted diluted earnings per share of $1.54.

2. 02

   Wabtec said full-year net sales for 2023 rose 15.7% from $8,362 million to $9,677 million, with full-year GAAP diluted earnings per share of $4.53 and adjusted diluted earnings per share of $5.92.

3. 03

   The company said operating cash flow for Q4 2023 was $686 million, up from $410 million in the year-earlier quarter, and full-year operating cash flow rose 15.7% to $1.20 billion.

4. 04

   The company said its Board reauthorized the share buyback program, raising the amount available to $1.0 billion, and declared a quarterly dividend of 20 cents per share, up 17.6%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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