Report
Delphine Brault

Alstom : Q1 (16 July) set to be very difficult, but the situation is already improving

>Full impact of COVID-19 on sales and new orders in Q1 - We forecast invoicing of € 1,320m and order intake of around € 1.0bn. The figures from last year were € 2,054m and € 1,620m, respectively. The group’s factories were closed during several weeks in the majority of countries and India, South Africa and the US continued to be hard hit in June. In terms of order intake, we anticipate a level of small and medium sized business of close to € 500m to which should be ad...
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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