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April 25, 2014
06:40 EDTWBCWABCO reports Q1 EPS $1.28, consensus $1.26
Reports Q1 revenue $729.5M, consensus $688.04M. Jacques Esculier, WABCO chairman and CEO."In Q1, even though levels of truck and bus production in different regions around the world remained uncertain and volatile, we further increased WABCO content per vehicle and grew market share, generating nearly 10% of market outperformance globally. In Q1, WABCO set a new quarterly record for global aftermarket sales, even excluding consolidated results from Transics International, a leading provider of fleet management solutions in Europe that we acquired in mid-February 2014."
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