Jatin Khanna's questions to WESTINGHOUSE AIR BRAKE TECHNOLOGIES (WAB) leadership • Q2 2025
Question
Jatin Khanna, on behalf of Jerry Revich at Goldman Sachs, asked about the impact of tariffs on the business in Q2 and Q3, and also inquired about the initial customer response to the recently closed Inspection Technologies acquisition.
Answer
CEO Rafael Santana confirmed that while the tariff situation is fluid, Wabtec does not expect an impact on its 2025 guidance due to proactive cost and pricing actions. CFO John Olin added that guidance includes all tariffs levied through Q2. Regarding the acquisition, Santana reported a very positive response from both customers and employees, highlighting the business's quality and its potential to improve reliability.