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Alstom SA ( (FR:ALO) ) has issued an update.
Alstom has won a €915 million turnkey contract to build Belgrade’s first fully automated metro line, a 15 km Line 1 with 15 stations that will run largely underground and be equipped with 32 Metropolis driverless trains and Urbalis CBTC signalling. The project, backed by French government funding, positions Alstom as a key partner in Serbia’s transport modernisation while promising to ease congestion, boost economic attractiveness and support Belgrade’s long-term growth and climate goals.
As system integrator, Alstom will supply the full metro ecosystem, including rolling stock manufactured in France, power, track, platform screen doors, depot equipment, a central control centre and cybersecurity systems capable of supporting 90-second headways. The award reinforces Alstom’s standing in automated metros, adding to a portfolio of nearly 30 driverless lines worldwide and underlining its strategic role in shaping next-generation urban mobility in emerging European capitals.
The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR25.00 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 SA is a global rail specialist focused on making rail the backbone of sustainable transport, offering high-speed and regional trains, metros, monorails, trams, turnkey systems, signalling, infrastructure, services and digital rail solutions. With 86,000 employees in 63 countries and €18.5 billion in annual revenue, the France-listed group leverages its scale and experience to deliver complex urban and mainline mobility projects worldwide.
Average Trading Volume: 1,174,891
Technical Sentiment Signal: Buy
Current Market Cap: €10.96B
Learn more about ALO stock on TipRanks’ Stock Analysis page.
