Alstom Rail Q1 Report 2024

Alstom’s orders and sales for the first three months of 2023/24. Market dynamics and pipeline confirmed.

• Q1 order intake at €3.9 billion
• Book-to-bill above 1 confirmed for FY 2023/24
• Q1 sales at €4.2 billion, up 4.3% vs. last year, of which 7.6% organic, in line with announced growth trajectory
• Full year outlook and mid-term objectives confirmed

Sales were €4,175 million in Q1 2023/24 (from 1 April to 30 June 2023) versus €4,002 million in Q1 2022/23 (+4.3%).

Sales in Rolling Stock in the quarter stood at €2,294 million, up 5.5% versus Q1 2022/23, reflecting a sound level of execution during the quarter notably in Europe, Brazil and Kazakhstan.

Signalling sales stood at €599 million, up 13% versus last year, on the back of a consistent execution across all regions.

In Systems, Alstom reported €326 million sales, down 16% vs. last year, impacted by a few projects ending during this quarter.