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Alstom SA ( (FR:ALO) ) just unveiled an announcement.
Alstom has signed a substantial long-term framework agreement with Deutsche Bahn, valued at over 600 million euros, to modernize and digitalize the German rail network. The agreement, which focuses on integrating digital interlocking and safety technology, spans from 2025 to 2032 and aims to enhance operational efficiency and planning security for both parties, reinforcing Alstom’s position in the rail industry.
More about Alstom SA
Alstom is a global leader in smart and sustainable mobility, specializing in digital interlocking, train control, and safety technology. The company has a significant presence in the rail industry with expertise in implementing digital signal technology and has completed numerous ETCS projects worldwide.
YTD Price Performance: -6.14%
Average Trading Volume: 249,389
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €9.35B
Find detailed analytics on ALO stock on TipRanks’ Stock Analysis page.
