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MarketScreener Homepage  >  Equities  >  Nyse  >  Westinghouse Air Brake Technologies Corp    WAB

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

(WAB)
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Westinghouse Air Brake Technologies : Wabtec invests in additive manufacturing

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05/21/2019 | 04:39am EDT

3D PRINTING: Wabtec has purchased an H2 binder jet printer from GE Additive that is to be used to 3D print components for the groups locomotive, transit, engine and mining products.

The printer uses metal binder jetting with stainless steel 316, and Wabtec says that use with other materials is being developed.

As part of GE Additives H2 beta testing and partner programme, Wabtec is working with GE Additive on technology development in Cincinnati before the printer is shipped to Wabtecs Grove City site in Pennsylvania, later this year.

Additive is one of the key technology pillars for our company and central in our efforts to drive innovation in the industries we serve, said Philip Moslener, Global Director of the WabtecOne Platform & Applied Innovation. Wabtec has so far identified 250 components that could be for produced using additive manufacturing by 2025.

(c) 2019 Universal Solutions S.A.E. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (USD)
Sales 2019 8 296 M
EBIT 2019 1 166 M
Net income 2019 457 M
Debt 2019 3 783 M
Yield 2019 0,74%
P/E ratio 2019 27,5x
P/E ratio 2020 14,6x
EV / Sales2019 2,00x
EV / Sales2020 1,71x
Capitalization 12 813 M
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Number of Analysts 12
Average target price 87,89  $
Last Close Price 68,10  $
Spread / Highest target 41,0%
Spread / Average Target 29,1%
Spread / Lowest Target 17,5%
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NameTitle
Raymond Theodore Betler President, Chief Executive Officer & Director
Albert J. Neupaver Executive Chairman
Stéphane Michel Rambaud-Measson Chief Operating Officer, Director & Executive VP
Patrick David Dugan Chief Financial Officer & Executive Vice President
William E. Kassling Lead Independent Director
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