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Alstom SA ( (FR:ALO) ) just unveiled an update.
Alstom has announced the supply of fifteen additional new-generation metro trainsets, equipped with the Urbalis Fluence signalling and automated control system, to the Métropole Européenne de Lille for approximately 210 million euros. This order, which adds to a previous batch of 27 trains, aims to modernize the Lille metro network by replacing older trainsets and improving passenger experience with features like enhanced comfort, accessibility, and safety. The new metros will contribute to an all-new-generation fleet for line 1 and are designed to be environmentally friendly with improved energy efficiency. This development underscores Alstom’s commitment to advancing urban mobility solutions and enhancing its industry positioning.
More about Alstom SA
Alstom is a global leader in smart and sustainable mobility, providing integrated systems for the transportation sector. The company focuses on developing advanced train technologies, including automated metro systems and signalling solutions, to improve urban transit networks.
YTD Price Performance: -5.52%
Average Trading Volume: 262,220
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €9.47B
See more insights into ALO stock on TipRanks’ Stock Analysis page.
