Westinghouse Air Brake Technologies Corp (MEX:WAB)
MXN 3830 0 (0%) Market Cap: 703.23 Bil Enterprise Value: 777.07 Bil PE Ratio: 33.39 PB Ratio: 3.36 GF Score: 67/100
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Westinghouse Air Brake Technologies Corp at Jefferies Industrials Conference (Virtual) Transcript

Aug 05, 2020 / 07:35PM GMT
Release Date Price: MXN1250
Saree Emily Boroditsky
Jefferies LLC, Research Division - Equity Analyst

Hi. I'm Saree Boroditsky, industrials analyst here at Jefferies. We're really excited to have Pat Dugan, CFO of Wabtec, here with us today.

So we're going to really start with the fireside chat. So we're going to get into some questions on the near-term trends and then follow that up with some more longer-term questions.

So thanks for joining us today.

Patrick D. Dugan
Wabtec Corporation - Executive VP & CFO

Thanks, Saree. Thanks for having us, and looking forward to talking to the group.

Questions & Answers

Saree Emily Boroditsky
Jefferies LLC, Research Division - Equity Analyst

So starting with some near-term trends. Freight service held in well in the quarter with an only an 8% decline despite the almost 20% decline in freight volumes, just given the benefit of mod deliveries. How do you think about services demand for the remainder of the year as maybe [you see] some lower mod deliveries but freight

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