2025年财务指引

• 公司在过去3年期间大致实现了之前5年的指导目标。因此，公司正在用新的5年指导目标取代之前的长期指导目标。公司预计年均收入增长将为中个位数，调整后营业利润率扩展超过350个基点，并在到2029年底的5年期间实现两位数的每股收益年增长率，同时实现超过90%的平均现金转换率。
• Wabtec公司的2025年财务指引预计销售额将在107.25亿美元至110.25亿美元之间，调整后的每股摊薄收益将在8.35美元至8.75美元之间。为了实现2025年全年目标，Wabtec公司预计将实现强劲的现金流生成，经营现金流转换率将超过90%。

2025 Financial Guidance

• The Company has largely achieved its previous 5-year guidance over the past 3-year period. Consequently, the Company is replacing its previous long-term guidance with new 5-year guidance. The Company expects mid-single digit revenue growth CAGR, 350+ bps of adjusted operating margin expansion, and double digit EPS growth CAGR while delivering greater than 90% average cash conversion over the 5-year period through the end of 2029.
• Wabtec's 2025 financial guidance expects sales to be in a range of $10.725 billion to $11.025 billion and adjusted earnings per diluted share to be in a range of $8.35 to $8.75. For full year 2025, Wabtec expects strong cash flow generation with operating cash flow conversion of greater than 90 percent.