Even though Alstom’s FY18/19 results came in slightly behind the street’s estimates, an exceptional dividend and a solid order intake resulting in record-high order-book seem to have calmed the investors. Now all eyes are on the ‘Capital Markets Day’ scheduled for 24 June 2019, when the FY19/20 outlook will also be shared. We will marginally tweak our estimates and the stock recommendation is likely to remain unchanged.
08 May 2019
Order-book touches new highs
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Order-book touches new highs
Alstom SA (ALSO:WBO) | 0 0 1.0% | Mkt Cap: 7,488m
- Published:
08 May 2019 -
Author:
Mohit Rathi -
Pages:
3
Even though Alstom’s FY18/19 results came in slightly behind the street’s estimates, an exceptional dividend and a solid order intake resulting in record-high order-book seem to have calmed the investors. Now all eyes are on the ‘Capital Markets Day’ scheduled for 24 June 2019, when the FY19/20 outlook will also be shared. We will marginally tweak our estimates and the stock recommendation is likely to remain unchanged.