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Alstom SA ( (FR:ALO) ) just unveiled an update.
Alstom reported a robust performance for the third quarter of the 2024/25 fiscal year, with orders reaching €4.3 billion and sales totaling €4.7 billion, marking a 7.9% increase compared to the previous year. Despite facing supply chain challenges in rolling stock production, Alstom is confident in achieving its financial targets for the fiscal year, due to a strong backlog of €94.7 billion and ongoing operational efficiencies.
More about Alstom SA
Alstom SA operates in the rail industry, providing a range of products and services including rolling stock, signaling, and maintenance services. The company focuses on expanding its market presence by adapting to shifts within the rail sector and improving its backlog portfolio mix.
YTD Price Performance: -5.15%
Average Trading Volume: 262,507
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €9.6B
For detailed information about ALO stock, go to TipRanks’ Stock Analysis page.
