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Alstom Secures Major €400M Mobility Contract

Alstom Secures Major €400M Mobility Contract

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

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Alstom, a prominent player in the sustainable mobility sector, has landed a significant €400 million service contract in the AMECA region, which includes 12 years of technical support and spare parts supply. The contract’s details and the client’s name will be revealed later, with the order contributing to Alstom’s first-quarter earnings for the fiscal year 2024/2025. Alstom prides itself on its global reach and commitment to low carbon transportation solutions.

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

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