Alstom reported €1.96bn of orders in Transport for its Q1 15/16, a 59% decrease yoy but Q1 14/15 included the jumbo contract of €4.0bn in South Africa. If we exclude the jumbo contract, the order level is rather strong in comparison with last year although fuelled by small and mid-sized contracts including maintenance of Kazakh locomotives, locomotives in Azerbaijan and a signalling system in Hong Kong.
20 Jul 2015
Satisfactory level of orders in Q1
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Satisfactory level of orders in Q1
Alstom SA (ALSO:WBO) | 0 0 1.0% | Mkt Cap: 7,488m
- Published:
20 Jul 2015 -
Author:
Lionel Pellicer -
Pages:
2
Alstom reported €1.96bn of orders in Transport for its Q1 15/16, a 59% decrease yoy but Q1 14/15 included the jumbo contract of €4.0bn in South Africa. If we exclude the jumbo contract, the order level is rather strong in comparison with last year although fuelled by small and mid-sized contracts including maintenance of Kazakh locomotives, locomotives in Azerbaijan and a signalling system in Hong Kong.