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MarketScreener Homepage  >  Equities  >  Nyse  >  WABCO Holdings Inc.    WBC

WABCO HOLDINGS INC.

(WBC)
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WABCO : Named Supplier of the Year by Wabash National Corporation

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09/25/2019 | 10:53am EDT

Auburn Hills, Michigan, September 25, 2019 - WABCO Holdings Inc. (NYSE: WBC), the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles, today announced that it has received Wabash National's Pinnacle Award for 2019. The Pinnacle Award, presented by Wabash National's senior leadership, recognizes Wabash National's supplier of the year.

In presenting its 2019 Pinnacle Award to WABCO, Nick Adler, vice president of supply chain and business transformation, said, 'We pride ourselves on safety at Wabash National, and WABCO provides a great performing product that enhances the safety of our products on the road. In addition, the speed at which WABCO moves and their response times are among some of the best in our supply base.'

WABCO has provided Wabash National with trailer vehicle controls, including anti-lock braking systems, for more than 15 years. This is the first Pinnacle Award for WABCO and its ninth Wabash National supplier award overall.

'On behalf of the entire WABCO team, we are honored to earn Wabash National's recognition as its top supplier during 2019,' said Pat Kealy, trailer sales leader, WABCO North America. 'Vehicle safety is at the center of WABCO's priorities, which is aligned with Wabash. Wabash is an integral part of our trailer business' success, and we are committed to deliver outstanding products and value for Wabash and the fleet customers it serves.'
WABCO supplies trailer vehicle controls to Wabash, including EasyStopTM and Enhanced EasyStopTM anti-lock braking systems and SmartTrac® vehicle roll stability system (RSS).

Caption: WABCO team members accept the 2019 Pinnacle Award from Wabash National senior leaders. Pictured are (L-R) Richard Mansilla, Wabash National, Director of Global Strategic Sourcing; Allison Belden, WABCO Customer Service Manager; Patrick Kealy, WABCO North America Trailer Business Leader; Brent Yeagy, Wabash National President and CEO; Zakary Kennedy, WABCO Key Account Leader; Nick Adler, Wabash National, VP Supply Chain and Business Transformation; and Cody Vaught, Wabash National, Global Category Manager.

About WABCO

WABCO (NYSE: WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully 'Mobilizing Vehicle Intelligence' to support the increasingly autonomous, connected and electric future of the commercial vehicle industry. WABCO continues to pioneer innovations to address key technology milestones in autonomous mobility and apply its extensive expertise to integrate the complex control and fail-safe systems required to efficiently and safely govern vehicle dynamics at every stage of a vehicle's journey - on the highway, in the city and at the depot. Today, leading truck, bus and trailer brands worldwide rely on WABCO's differentiating technologies. Powered by its vision for accident-free driving and greener transportation solutions, WABCO is also at the forefront of advanced fleet management systems and digital services that contribute to commercial fleet efficiency. In 2018, WABCO reported sales of over $3.8 billion and has more than 16,000 employees in 40 countries. For more information, visit www.wabco-auto.com.

WABCO North America Media Contact
Susan Fisher, +1 248 260 9354, susan.fisher@wabco-auto.com

WABCO Global Media Contact
Nina Friedmann, +49 69 719 168 171, wabco@klenkhoursch.de

Wabash National Media Contact
Dana Stelsel, +1 765 771 5766, dana.stelsel@wabashnational.com


Disclaimer

WABCO Holdings Inc. published this content on 25 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2019 14:52:07 UTC

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Sales 2020 3 108 M
EBIT 2020 328 M
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Yield 2020 -
P/E ratio 2020 19,6x
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