Alstom booked €0.9 bn of orders in Q1 16, compared to c.€2bn over the same period last year. Sales reached €1.7bn and were up 7% organically over Q1 2016/17 mainly driven by regional, high-speed and suburban trains in France, regional trains in Italy, Germany and Sweden, the progressive ramp-up of the PRASA project in South Africa, maintenance of high speed trains in the UK as well as a signalling project in Canada. At €29.7bn on 30 June 2016, the backlog represented over
13 Jul 2016
Weak orders in Q1 16 which should not be extrapolated
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Weak orders in Q1 16 which should not be extrapolated
Alstom SA (ALSO:WBO) | 0 0 1.0% | Mkt Cap: 7,488m
- Published:
13 Jul 2016 -
Author:
Lionel Pellicer -
Pages:
3
Alstom booked €0.9 bn of orders in Q1 16, compared to c.€2bn over the same period last year. Sales reached €1.7bn and were up 7% organically over Q1 2016/17 mainly driven by regional, high-speed and suburban trains in France, regional trains in Italy, Germany and Sweden, the progressive ramp-up of the PRASA project in South Africa, maintenance of high speed trains in the UK as well as a signalling project in Canada. At €29.7bn on 30 June 2016, the backlog represented over