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Alstom SA ( (FR:ALO) ) has provided an announcement.
Alstom has received a new order from SNCF Voyageurs for 15 additional Avelia Horizon very high-speed trains, an optional tranche of their existing framework contract valued at about €600 million, with deliveries scheduled for 2029. The quad-voltage trains are designed to meet European traffic requirements and further expand the Avelia Horizon fleet to 160 units under this contract, supporting SNCF Voyageurs’ profitability targets and reinforcing high-speed rail’s role in low-carbon mobility across Europe. The new double-decker units promise more than 30% lower maintenance costs and 20% lower energy consumption than current TGVs, leveraging predictive maintenance and aerodynamic and traction advances, and will mobilise 10 of Alstom’s 14 French sites, underlining the industrial and technological significance of the programme for the French rail supply chain.
The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR27.00 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.
More about Alstom SA
Alstom is a France-listed global provider of rail mobility solutions, offering high-speed trains, metros, monorails, trams, turnkey systems, services, infrastructure, signalling and digital mobility. Operating in 63 countries with over 86,000 employees, the company focuses on innovative, low-carbon transportation and generated €18.5 billion in sales in the fiscal year ending 31 March 2025.
YTD Price Performance: 3.62%
Average Trading Volume: 999,507
Technical Sentiment Signal: Buy
Current Market Cap: €12.05B
See more insights into ALO stock on TipRanks’ Stock Analysis page.