Alstom ended Q3 FY19/20 on a positive note. While the revenue performance was mediocre (as expected), the robust order-intake lifted the group’s existing order-book to a record €43bn – equivalent to around five years of its annual turnover. Management has maintained the FY19/20 as well as the mid-term outlook.
17 Jan 2020
Order-intake rises in Q3
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Order-intake rises in Q3
Alstom SA (ALSO:WBO) | 0 0 1.0% | Mkt Cap: 7,488m
- Published:
17 Jan 2020 -
Author:
Mohit Rathi -
Pages:
3
Alstom ended Q3 FY19/20 on a positive note. While the revenue performance was mediocre (as expected), the robust order-intake lifted the group’s existing order-book to a record €43bn – equivalent to around five years of its annual turnover. Management has maintained the FY19/20 as well as the mid-term outlook.