Alstom : BT’s factoring finances surplus trains to be delivered – company contact
>Several factoring lines at BT...which had already been published - Last Friday, Alstom's stock came under pressure following figures circulating in the market that seemed to uncover factoring in Bombardier Transportation's (BT) accounts: the underlying fear was that this could add to the previously unintegrated net debt. In total, this amounted to approximately € 1.3bn, comprising € 289m + € 504m of trade receivables sales and € 548m of specific supplier financing (a...Alstom serves the power generation and transmission markets, and rail transport market. Co.'s activities are divided into four sectors: the Thermal Power Sector (Co. offers power generation solutions using gas or coal to services including plant modernization, maintenance and operational support); the Renewable Power sector offers EPC solutions, turbines and generators, control equipment and maintenance for Hydropower and Wind power activities; the Grid Sector designs and manufactures equipment and turnkey solutions to manage power grids and transmit electricity from the power plant to the large end-user; and the Transport Sector provides rail transport products, systems and services.
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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