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Alstom Reports Strong Growth and Strategic Progress
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Alstom Reports Strong Growth and Strategic Progress

ALSTOM UNSP ( (ALSMY) ) has released its Q2 earnings. Here is a breakdown of the information ALSTOM UNSP presented to its investors.

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Alstom, a prominent player in the transportation sector, specializes in creating sustainable and innovative mobility solutions, offering a wide range of products from high-speed trains to digital mobility solutions across 64 countries. In the first half of the fiscal year 2024/25, Alstom reported strong financial performance with a 30% increase in orders amounting to €10.9 billion and sales growth of 5.6% organically, despite ongoing supply chain challenges. The company’s backlog has increased to €94.4 billion, indicating robust future sales prospects. The adjusted EBIT rose by 18% to €515 million, with a margin improvement to 5.9%, while the net financial debt significantly decreased following a successful deleveraging plan. Alstom’s strategic focus on services and signaling, along with operational efficiencies, has enhanced profitability and positioned the company to achieve its financial targets. Looking ahead, Alstom maintains a positive outlook for the fiscal year 2024/25, anticipating continued sales growth and a strong book-to-bill ratio above 1, driven by a resilient demand for green mobility solutions.

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