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Westport Fuel Systems Inc (WPRT) |
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Description of Westport Fuel Systems Inc's Business Segments
Westport Fuel Systems Inc. is a global leader in alternative fuel, low-emission technologies. The company operates in two business segments: transportation and power systems. It offers a diverse range of products and services to cater to the needs of its customers.
1. Transportation Segment:
a) Automotive Original Equipment Manufacturer (OEM) Business: This segment offers a range of advanced fuel systems and components to OEMs for various vehicle applications, delivering low-emission solutions for gasoline, diesel, and alternative-fueled vehicles.
b) Independent Aftermarket Business: Westport Fuel Systems also caters to the independent aftermarket with its comprehensive portfolio of products and services, including diagnostic tools, software, technical training, and customer support.
2. Power Systems Segment:
This segment offers a wide range of natural gas-fueled engines and power systems for on-road and off-road applications, including buses, trucks, and generators. The power systems segment offers engines ranging from 30kW-5MW in power output.
Products and Services Offered:
1. Advanced Fuel Systems: Westport Fuel Systems offers advanced fuel systems for cars, trucks, buses, and off-road equipment. These fuel systems are designed to reduce carbon emissions and improve fuel economy. These high-pressure direct injection (HPDI) systems are available for diesel, gasoline, and natural gas engines.
2. Components and Parts: Westport Fuel Systems offers components and parts for fuel systems, such as injectors, regulators, fuel rails, and sensors. The companyes parts are designed to provide the best performance, reliability, and durability.
3. On-Board Diagnostics and Analytics: Westport Fuel Systems provides diagnostic and analytic tools for its customers to improve fuel efficiency, diagnose and fix any problems quickly, and increase uptime. The companyes software and analytics tools help customers make informed decisions about their fleet operations.
4. Technical Support and Training: Westport Fuel Systems provides extensive technical support and training to its customers. The companyes technical experts are available to assist customers with any issues and provide training on the operation, maintenance, and repair of its products and systems.
5. Aftermarket Support: Westport Fuel Systems offers a comprehensive range of aftermarket support services, including online parts catalogs, same-day shipping, warranty services, technical support, and training programs.
6. Engine and Power System Solutions: The Power Systems segment offers natural gas-fueled engines and power systems for a wide range of applications, including transportation and stationary power generation. The company also offers research and development services to help customers design and develop customized solutions based on their requirements.
In summary, Westport Fuel Systems Inc. offers a comprehensive range of products and services aimed at reducing emissions, improving fuel efficiency, and increasing uptime for its customers in the transportation and power systems industries. Its services cover everything from technical support to highly-engineered products and solutions.
Annual Report on Westport Fuel Systems Inc Divisions, Sales by Country |
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| Heavy-Duty OEM |
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 10.38 % |
of total Revenue |
| Heavy-Duty OEM OEM Launch Partner |
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5.45 % |
of total Revenue |
| Light-Duty |
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86.93 % |
of total Revenue |
| High-Pressure Controls Systems |
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2.92 % |
of total Revenue |
| Cespira |
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14.29 % |
of total Revenue |
| Consolidation Eliminations |
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-14.29 % |
of total Revenue |
Twelve months ended 2024
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| WPRT s Annual Revenue by Geography and Business Segments |
Sales
(in millions $) |
%
(of total Sales) |
| Heavy-Duty OEM |
31.32 |
10.38 % |
| Heavy-Duty OEM OEM Launch Partner |
16.43 |
5.45 % |
| Light-Duty |
262.18 |
86.93 % |
| High-Pressure Controls Systems |
8.80 |
2.92 % |
| Cespira |
43.09 |
14.29 % |
| Consolidation Eliminations |
-43.09 |
-14.29 % |
| Total |
301.59 |
100 % |
Twelve months ended 2024
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| WPRT s Annual Income by Country and Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Heavy-Duty OEM |
0.65 |
2.08 % |
| Light-Duty |
55.40 |
21.13 % |
| Cespira |
0.45 |
1.05 % |
| Total |
-21.84 |
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Twelve months ended 2024
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| Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
| Heavy-Duty OEM |
-44.33 % |
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| Heavy-Duty OEM OEM Launch Partner |
-69.39 % |
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| Light-Duty |
-0.54 % |
12.88 % |
| High-Pressure Controls Systems |
-26.38 % |
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