Alstom : High-quality Q1 2022-23 figures, unsurprisingly, limited supply chain visibility taking a toll
>Solid Q1 numbers, consistent with the trajectory expected by the group - Alstom reported its Q1 2022-23 sales yesterday morning (see our first take published yesterday). Orders came in at € 5.6bn (css € 5.5bn), down 16% in organic terms, but this relates to the exceptional showing in Q1 2021-22. The group is now well ahead of the average trend seen over the last four quarters (€ 4.8bn).Sales came in 5% higher in organic terms relative to Q1 2021-22, thanks...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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