Alstom reported strong H1 18 results Order intake reached €7.1bn in H1 18, +125% growth yoy (versus €3.17bn in H1 17). Sales grew by 23% organically at €4bn (versus €3.34bn in H1 17). The adjusted EBIT reached €285m, a 28% increase yoy and corresponding to a 7.1% margin. FCF was €172m. For the fiscal year 2018/19, Alstom confirmed sales are expected to reach around €8bn and the adjusted EBIT margin should reach around 7% (instead of “until 7%”).<
14 Nov 2018
Impressive momentum in H1 18 orders coupled with strong execution
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Impressive momentum in H1 18 orders coupled with strong execution
Alstom SA (ALSO:WBO) | 0 0 1.0% | Mkt Cap: 7,488m
- Published:
14 Nov 2018 -
Author:
Lionel Pellicer -
Pages:
3
Alstom reported strong H1 18 results Order intake reached €7.1bn in H1 18, +125% growth yoy (versus €3.17bn in H1 17). Sales grew by 23% organically at €4bn (versus €3.34bn in H1 17). The adjusted EBIT reached €285m, a 28% increase yoy and corresponding to a 7.1% margin. FCF was €172m. For the fiscal year 2018/19, Alstom confirmed sales are expected to reach around €8bn and the adjusted EBIT margin should reach around 7% (instead of “until 7%”).<