| WABCO CEO Comments on Outlook |
Prior guidance was announced on October 24 when Esculier said he expected the company to have full-year net income per diluted share of $1.81 on a GAAP basis and $2.85 on a performance basis, which excludes separation costs, one-time and discrete tax items, and operational streamlining expenses. Today's presentation will be accessible via live webcast on WABCO's Web site at www.wabco-auto.com. A replay will be available for 14 days. A copy of the presentation will be archived in the investor relations section of the Company’s Web site. About WABCOWABCO is one of the world's leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. Customers include the world’s leading commercial truck, trailer and bus manufacturers. Founded in the U.S. in 1869 as Westinghouse Air Brake Company, WABCO was acquired by American Standard in 1968 and spun off in 2007. Headquartered in Brussels, Belgium, WABCO employs more than 7,000 people in 34 offices and production facilities worldwide. In 2006, WABCO’s total sales were $2 billion. WABCO is a publicly traded company and is listed on the New York Stock Exchange under the stock symbol WBC. Web site: www.wabco-auto.com. Forward-Looking Statements For more information, reporters may contact: For more information, investors and financial analysts may contact: Copyright © 2007 WABCO Holdings Inc. |