Alstom’s orders increased

Over the first quarter of fiscal year 2018/19 Alstom booked EUR 2.6 billion of orders, compared to EUR 1.9 billion over the same period last year, representing a 38% increase.
The Group’s sales increased to EUR 2 billion, up 14% compared to EUR 1.8 billion over the first quarter of 2017/18. Sales were mainly fuelled by system projects in the Middle East, PRASA project in South Africa and regional trains deliveries in Italy.
At EUR 35.5 billion on 30 June 2018 and including around 30% of Services, the current backlog provides strong visibility on future sales, Alstom says.
Alstom orders included driverless light metro system for Montreal, additional Citadis Dualis tram-trains in France, a long-term rolling stock and signalling maintenance contract for Sydney metro, a national on-board train control system in Norway and Citadis trams for Frankfurt.
For the fiscal year 2018/19, sales are expected to reach around EUR 8 billion and adjusted EBIT margin should reach up to 7%.

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