Report
Delphine Brault

Alstom : Key points before the CMD on 6 July

>CMD on the ‘NewCo’ and Bombardier Transportation (BT) - Alstom aims to present the short and medium term financial outlook for this 'NewCo', which has approximately doubled in size following the acquisition of BT. We believe that the CMD will also provide an opportunity to shed more light on the likely pace of improvement at BT (problem projects, cost structure, backlog), and on the final potential for synergies (target of € 400m after 4-5 years; more potentially?). ...
Underlying
Alstom SA

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.

Provider
Oddo BHF
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.

Analysts
Delphine Brault

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