Wabtec Secures Significant Component Order For Major German-Austrian Transit Consortium Project; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Wabtec has secured a significant component order for a major transit consortium project led by six transportation companies from Germany and Austria. The financial terms of the deal were not disclosed.
July 06, 2023 | 9:01 am
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Wabtec's new order for a major transit consortium project could potentially boost its revenues and profitability, although the financial terms were not disclosed.
The new order secured by Wabtec is a positive development for the company as it could potentially increase its revenues and profitability. However, the lack of financial details makes it difficult to quantify the exact impact on the company's financials.
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