Alstom Rail Half-Year Report 2024

Alstom’s first half 2023/24. Confirming sound market positioning, Alstom takes significant steps to reduce its leverage after negative cash flow.

  • H1 2023/24 key figures in line with 4th October preliminary release
  • FY 2023/24 outlook:
    o Sales organic growth: above 5%
    o aEBIT1 margin: around 6%
    o Free Cash Flow within the range €(500m) – €(750m)
  • Mid-term objectives confirmed
  • Alstom action plan:
    o Commercial and operational efficiency, costs saving plan
    o €2 billion balance sheet reinforcement plan
    o Simplification of operational setup

In Germany, Alstom was awarded a contract to supply 40 Coradia StreamTM High-Capacity electric multiple units together with full maintenance for 30 years to Nahverkehrsverbund Schleswig-Holstein (NAH.SH), valued at close to €900 million, and including an option for up to 55 additional trains with a corresponding full-service package. The Group also signed a contract with RAILPOOL for 50 TraxxTM Universal multi-purpose locomotives.

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