Parts supplier Kaubco announced the performance of the fourth quarter of 2013 and the full year of 2013, as follows: In the fourth quarter of 2013, WABCO sales reached US$720.5 million, an increase of 19.1% in local currencies over the same period of the previous year, and an increase of 20.8% in US dollars. WABCO’s revenue for the fourth quarter of 2013 increased from US$75 million in the same period last year to US$86.5 million. If calculated according to the US GAAP guidelines, operating income increased from US$69 million to US$76.8 million in the same period last year. WABCO's operating profit margin in the fourth quarter of 2013 was 12.0%, compared with 12.6% in the same period of last year. If calculated according to the US GAAP guidelines, the operating profit margin was 10.7%, compared with 11.6% in the same period of last year. According to data published by WABCO, the company's net income and diluted earnings per share in the fourth quarter of 2013 increased from US$69.6 million and US$1.08 in the same period last year to US$80.6 million and US$1.29, respectively, if calculated in accordance with US GAAP guidelines. , from $59.7 million and $0.93 in the same period last year to $416.3 million and $6.65, respectively. In the fourth quarter of 2013, WABCO’s net cash from operating activities amounted to US$ 417.7 million, which resulted in US$ 83.1 million in free cash flow, excluding US$ 2.9 million paid for streamlining and splitting activities, and not including WABCO’s successful appeal against the previously disclosed fines for the former U.S. standard corporate entity was successful, with a one-time compensation charge of $283.7 million from the European Commission. 2013 Annual Performance For the full year of 2013, WABCO’s sales were $2.72 trillion, which increased by 9.3% in the local currency over the same period of the previous year and increased by 9.8% in the US dollar. Gu Jieke, Chairman and CEO of WABCO, said: “In the turbulent global market, sales in the fourth quarter of 2013 contributed significantly to WABCO’s annual sales growth. 2013 In the same year, the global truck and passenger car production increased slightly by about 3% year-on-year. However, we continue to outperform the market by increasing the value of WABCO's bike loading and expanding our market share." WABCO’s operating revenue for 2013 increased from US$335.6 million in 2012 to US$355.4 million. Based on the US GAAP guidelines, operating revenue increased from US$324.5 million in 2012 to US$331.9 million. WABCO's operating margin in 2013 was 13.1%, compared with 13.5% in the previous year. If calculated in accordance with the US GAAP guidelines, the operating margin was 12.2% compared to 13.1% in the previous year. According to data published by WABCO, in 2013, the company's net income and diluted earnings per share increased from US$291.6 million and US$4.46 in the previous year to US$317.4 million and US$5.01 respectively. If calculated according to the US GAAP guidelines, The previous year's $302 million and $4.62 increased to $653.2 million and $10.31. In 2013, WABCO’s net cash generated from operating activities amounted to US$665.8 million, which resulted in US$280.7 million in free cash flow, excluding US$2010 million paid for streamlining and splitting activities, and not including WABCO’s The previously-disclosed appeal for a fine to a former U.S. standard corporate entity was successful and received a one-time compensation charge of $283.7 million from the European Commission in the fourth quarter of 2013. In 2013, this brought the company a net income conversion rate of 88%. From June 2011 to December 31, 2013, WABCO repurchased 10,155,343 shares of the company through open market transactions for US$420.3 million. After approval, prior to December 31, 2014, WABCO could repurchase 377.9 million U.S. dollars in shares of the company. Gildemeister Fiber laser for Metal Cutting Machine is a new developed CNC Laser Cutting Machine developed for Metal sheet cutting work .As the development and big progress for the fiber source technology ,it makes the Fiber laser For Metal Cutting Machine a much advanced CNC Laser Cutting Machine for work .It has solved the problem that normal CO2 Laser Cutting Machine could not cut metal problem ,also its high cutting accurate allows a lot of industry which need accurate metal spares for machinery be able to use a CNC Fiber Laser Cutting Machine to accomplish their work task . Cnc Laser Cutting Machine Metal,Cnc Laser Cutting Machine For Metal,Metal Turning Lathe,Fiber Laser Cutter For Metal Jinan Rapid CNC Machinery Co.,LTD , https://www.gildemeistercnc.com
WABCO's 2013 revenue is $355.4 million
WABCO's 2013 revenue of $355.4 million increased 6% year-on-year