Alstom Rail Half-Year Report 2023

Alstom’s first half 2022/23: solid results with full-year outlook and midterm targets confirmed, backed by a resilient business model.

• Order intake at €10.1 billion
• Sales at €8.0 billion, up 8% vs. last year, in line with trajectory
•  aEBIT margin of 4.9%
• Adjusted Net Profit of €179 million
• Free Cash Flow at €(45) million
• FY 2022/23 outlook:
  o aEBIT margin: 5.1% to 5.3%
  o Free Cash Flow: €100 to €300 million
•  Mid-term 2024/25 objectives confirmed

Systems sales grew 41% on an actual basis and stood at €0.7 billion, reflecting an acceleration in execution on key projects notably Cairo monorail, Thailand and Montreal, as well as new orders contributions.