WABCO’s Q3 net income more than doubles y/y to USD98 million
Revises full-year 2016 outlook
WABCO’s net income more than doubled year on year (y/y) to USD98.1 million in the third quarter ended 30 September 2016, the Belgium-based supplier for commercial vehicles said in a press release. The company’s operating income also more than doubled to USD80.9 million, driving growth in operating margin from 4.6% to 12%.
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