tiprankstipranks
Alstom SA Reports Solid Growth and Strong Sales Outlook
Company Announcements

Alstom SA Reports Solid Growth and Strong Sales Outlook

Story Highlights

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

Don't Miss our Black Friday Offers:

Alstom SA has reported a strong start to the fiscal year 2024/25 with €3.6 billion in orders and a 5.1% increase in quarterly sales to €4.4 billion, signaling sustained business growth. The company’s backlog stands at €91.8 billion, ensuring clear future sales visibility, and it has achieved significant contract wins, including the Hamburg metro, while maintaining robust order intake margins.

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

Related Articles
TheFlyAlstom price target raised to EUR 26 from EUR 22 at Citi
TipRanks Canadian Auto-Generated NewsdeskAlstom Introduces Liquidity Contract with Rothschild
TheFlyAlstom price target raised to EUR 24.80 from EUR 21.80 at JPMorgan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App