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Alstom SA ( (FR:ALO) ) just unveiled an announcement.
Alstom has signed a contract worth about 20.2 billion Mexican pesos (approximately €920 million) with Mexico’s Railway Transport Regulatory Agency to supply 47 Adessia Stream diesel multiple unit passenger trains for the Mexico City–Querétaro–Irapuato and Saltillo–Monterrey–Nuevo Laredo corridors, a flagship element of Mexico’s National Development Plan 2025–2030 to revive long-distance passenger rail. The trains, dubbed “Trenes del Norte,” will be manufactured with 76.6% local content at Alstom’s Ciudad Sahagún plant and come with a five-year comprehensive maintenance package, depot and refuelling infrastructure, and technical training, supporting hundreds of skilled jobs and deepening Mexico’s rail industrial base, while delivering modern, accessible rolling stock designed for up to 165 km/h operation and incorporating strong cultural and design references to Mexican identity.
The most recent analyst rating on (FR:ALO) stock is a Sell with a EUR19.50 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 leader in smart and sustainable mobility, specializing in the design and manufacture of rolling stock such as commuter and intercity trains, as well as related systems and maintenance services. The company focuses on rail solutions that connect urban centers with surrounding regions, emphasizing high-quality materials, advanced technology, and sustainability in major markets worldwide, including Mexico.
Average Trading Volume: 1,024,842
Technical Sentiment Signal: Buy
Current Market Cap: €11.53B
For a thorough assessment of ALO stock, go to TipRanks’ Stock Analysis page.