Exhibit 99.1

LOGO

WABCO’s Sales Growth in 2015 Strongly Outperforms Volatile and Prolonged

Depressed Global Commercial Vehicle Market; Sets Record for Full

Year Performance Earnings; Provides Guidance for 2016

 

    Q4 2015 sales of $670.6 million, up 10.5 percent in local currencies and down 1.3 percent in U.S. dollars from a year ago

 

    Full year 2015 sales of $2,627.5 million, up 6.6 percent in local currencies and down 7.8 percent in U.S. dollars from a year ago

 

    On a performance basis, Q4 2015 operating margin of 13.1 percent, up from 13.0 percent a year ago; Q4 2015 diluted EPS of $1.43, up from $1.38 a year ago

 

    On a U.S. GAAP basis, Q4 2015 operating margin of 11.2 percent, up from 10.1 percent a year ago; Q4 2015 diluted EPS of $1.71, up from $1.10 a year ago

 

    On a full year performance basis, 2015 operating margin of 13.5 percent, up from 13.0 percent a year ago; 2015 diluted EPS of $5.62, up from $5.52 a year ago

 

    On a full year U.S. GAAP basis, 2015 operating margin of 10.3 percent versus 11.6 percent a year ago; 2015 diluted EPS of $4.72 versus $4.81 a year ago, due to charges taken in Q3 2015 mostly associated with WABCO’s previously disclosed proposals to cease manufacturing at two sites in Western Europe

 

    Full year 2015, WABCO generated $395.3 million in net cash from operating activities and $321.4 million of performance free cash flow, resulting in a conversion rate of 98 percent of performance net income attributable to the company

 

    Provides guidance for full year 2016, including WABCO’s recently announced acquisition of MICO Incorporated. WABCO’s full year 2016 sales growth to range from 6 to 11 percent in local currencies, full year 2016 diluted EPS on a performance basis to range from $5.30 to $5.80 and full year 2016 diluted EPS on a U.S. GAAP basis to range from $3.43 to $3.93

BRUSSELS, Belgium, February 11, 2016 – WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today reported Q4 and full year 2015 results.

Q4 2015

WABCO reported Q4 2015 sales of $670.6 million, up 10.5 percent in local currencies from a year ago and down 1.3 percent in U.S. dollars, reflecting strengthening of the U.S. dollar year on year.

In Q4 2015, WABCO reported performance operating income of $87.8 million versus $88.6 million a year ago; performance operating margin of 13.1 percent, up from 13.0 percent a year ago; and performance net income attributable to the company of $82.1 million or $1.43 per diluted share, up from $81.6 million or $1.38 per diluted share a year ago.

In Q4 2015, WABCO reported U.S. GAAP operating income of $74.9 million, up from $68.7 million a year ago; U.S. GAAP operating margin of 11.2 percent, up from 10.1 percent a year ago; and U.S. GAAP net income attributable to the company of $98.7 million or $1.71 per diluted share, up from $65.1 million or $1.10 per diluted share a year ago.


The following information was filed by Wabco Holdings Inc. (WBC) on Thursday, February 11, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Wabco Holdings Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Wabco Holdings Inc..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account