Report
Delphine Brault ...
  • Quentin Borie

Alstom : Q1 2024-25 preview: a slightly slow start, as expected

>Q1 2024-25 preview: book-to-bill of 0.82x expected, due to order phasing - The group is set to book four large orders in Q1 2024-25 for a total of € 1.8bn (€ 400m for a service contract in the AMECA region, € 323m for locomotives in Italy, € 670m in Europe for a rolling stock and signalling contract, and € 430m for underground trains in London). There are also various small and medium-sized base orders, set to come to between € 1.5bn and € 2bn (as has been the case i...
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

Quentin Borie

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