Strong Commercial Momentum
Order intake for H1 reached €10.9 billion, with a book-to-bill ratio of 1.25, showing consistent growth strategy. Notable orders include a €3.6 billion project in Germany and a €650 million signaling project in Australia.
Adjusted EBIT Improvement
Adjusted EBIT increased to €515 million, an 18% rise from the previous year, with a margin of 5.9% due to growth, cost savings, and improved gross margin.
Strategic Order Focus
More than 50% of order intake is now from services and signaling, in line with strategic priorities.
Robust Market Outlook
Demand environment remains strong with a €200 billion pipeline expected over the next three years, supporting strategic focus on high-quality order intake.
Deleveraging Success
Net financial debt decreased to €927 million from €3 billion at the end of March 2024 due to a successful deleveraging plan.
Gross Margin Improvement
Gross margin in backlog stands at 17.8%, returning to pre-merger levels and indicating future profitability.