In the fourth quarter of 2010, US parts supplier WABCO’s revenue reached 630 million U.S. dollars, which was 36.5% higher than the revenue of 460 million U.S. dollars in the same period of 2009.
In the fourth quarter, WABCO gross profit was US$180 million (margin rate was 28.3%); operating profit was US$69.5 million (operating margin was 11.1%); net profit was US$64.6 million; net cash flow created was 4940 Ten thousand U.S. dollars.
In 2010, WABCO revenue reached 2.18 billion U.S. dollars, 45.9% higher than 2009 revenue of 1.48 billion euros; gross profit was 620 million U.S. dollars (margin rate was 28.3%); operating profit was 220 million U.S. dollars (Operating profit rate was 10% ).
According to JacquesEsculier, WABCO's chairman and CEO, "We will continue to achieve rapid growth in 2011, relying on three strategies: technology leadership, global expansion and efficient management."
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