Alstom continues its organic growth

Alstom continues its organic growth :Over the first quarter 2016/17 (from 1 April to 30 June 2016), Alstom booked €0.9 billion of orders, compared to €2 billion over the same period last year. Sales, at €1.7 billion, were up 7% organically over the first quarter 2016/17.

At €29.7 billion on 30 June 2016, the backlog represented over 4 years of sales.

“Alstom booked only small contracts during the first quarter 2016/17. The low level of orders does not reflect the commercial activity that has been very strong and should translate into orders in coming quarters. For example, the projects for the extension of the Dubai metro or for regional trains for Italy recently announced have not yet been booked. Sales grew by 7% organically compared to the first quarter 2015/16 thanks to achievement of several project milestones”, said Henri Poupart-Lafarge, Alstom’s Chairman & Chief Executive Officer.

alstom-continues-organic-growth

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