Oddo BHF - Alstom - New Alstom : Q1 2018-19 sales strong, orders in line. Book-to-bill of 1.3x

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Oddo BHF

Delphine Brault

Alstom : Q1 2018-19 sales strong, orders in line. Book-to-bill of 1.3x

>Revenues up 17% organically - The group published a Q1 order intake of â‚¬ 2,641m (+42% organic) and revenues of â‚¬ 2,017m (+17% organic). This is better than our estimates of â‚¬ 2,620m / â‚¬ 1,890m respectively. The consensus was expecting â‚¬ 2,673m (orders) and â‚¬ 1,875m (revenues). Large orders total around â‚¬ 1.8bn based on previous separate announcements, which makes Q1 a strong quarter, including notably the â‚¬ 1.4bn Montreal order (automatic metro). Sales growth wa...

19/07/2018 4 EN

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Alstom - New

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FR0013143914 Euronext Paris France

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Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Delphine Brault

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Alstom : Q1 2018-19 sales strong, orders in line. Book-to-bill of 1.3x

ODDO BHF SECURITIES MORNING NEWS â€“ DETAILED COMMENTS 07/19/2018

ODDO BHF SECURITIES MORNING NEWS â€“ COMMENTAIRES DETAILLES 19/07/2018

France, as seen from the deck of the Titanic

La France, vue depuis le pont du Titanic

Bravida : A good vehicle to make the most of the upturn in Nordic construction

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