Alstom SA (FR:ALO) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Alstom SA has secured a significant contract to deliver 12 Avelia Horizon very high-speed trains to Proxima, including a 15-year maintenance agreement, with the order valued at nearly 850 million euros. The delivery of these state-of-the-art, double-decker trains capable of exceeding 300 km/h is set to begin in 2028, which will enhance the high-speed rail connectivity across key French cities.
For further insights into FR:ALO stock, check out TipRanks’ Stock Analysis page.