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Wabtec expects 2026 sales up 10.5% and launches EVO modernization amid record $27B backlog
Wabtec projects a 10.5% sales increase by 2026, reaching $11.5 billion, and announced the launch of its EVO mainline service upgrade program. This growth is supported by a record $27 billion backlog, driven by strong market demand in North America and a projected 40,000 locomotive modernizations over the next 15 years. The company anticipates long-term benefits from increased freight demand and aims to sustain an 18-20% EPS growth through the end of the decade.