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Alstom Lands Major Metro Upgrade Deal in Paris

Alstom Lands Major Metro Upgrade Deal in Paris

Alstom SA (FR:ALO) has released an update.

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Alstom SA has secured a €800 million contract to provide 103 new generation MF19 metro trains to modernize the Paris metro network. These state-of-the-art trains, funded entirely by Île-de-France Mobilités, will enhance passenger comfort and safety on lines 13, 12, and 8 starting from 2027. This order extends the 2019 agreement for up to 410 trainsets, affirming the confidence in Alstom’s commitment to eco-responsible and innovative transport solutions.

For further insights into FR:ALO stock, check out TipRanks’ Stock Analysis page.

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