WABCO Raises Rate of Sales Growth Expected to Outperform Market (WBC)

WABCO Holdings WBC today announced that the company expects its total sales growth from 2011 through 2015 to outperform growth driven by global commercial vehicle production by a compound annual growth rate (CAGR) of 8 to 10 percent, compared with its previously disclosed CAGR of 4 to 6 percent growth. WABCO now expects its sales to grow from 2011 through 2015 by a CAGR of 4 percent more than previously communicated.