Report
Delphine Brault

Alstom : Road show very reassuring on the “Bombardier project”

>Key issues clarified by the CFO in Paris - The history of Alstom-Bombardier negotiations, the exact definition of the price and its possible adjustments, Alstom’s protection clauses, the inherent risks in Bombardier Transportation’s (BT) order book and anti-trust issues in Europe, have raised many questions. CFO Laurent Martinez, reassured on all points whilst indicating the considerable potential of the newco in the medium term: BT boasts attractive products and mar...
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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