Alstom : Q3 orders and sales due out on 16 January
>Brisk order intake in Q3 - We forecast orders of € 3.8bn and sales of € 2.1bn, i.e. a book-to-bill ratio of 1.8x. Alstom has just announced a contract of € 755m in the UK (upgrade of Pendolinos, booked in Q3), following the € 800m deal in Perth in Australia (Metronet), € 430m in Marseille (metro) and € 350m in Sydney, Australia (extension of the metro). This could therefore be the best quarter since Q2 2018-19, much higher than the quarterly average of € 2.4bn in ord...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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