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MarketLine Department
  • MarketLine Department

SPX Corporation - Mergers & Acquisitions (M&A), Partnerships & Allianc...

Summary Marketline's SPX Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by SPX Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and in...

Jeffrey Vonk
  • Jeffrey Vonk

Strong Sales Growth and Improving Profitability in Alstom's Full-Year ...

Alstom reported full-year results ahead of our and market expectations, with revenue of EUR 8 billion, up 9% year on year on a reported basis and up 10% organically. The firm booked a strong level of orders in 2018 of EUR 7.1 billion. Due to difficult comparables, however, this was a 27% decrease on the year-ago period, which included major contracts wins like Amtrak in the United States for a new generation of high-speed trains and the extension of the Dubai Metro’s Red Line. Order intake in ...

Alstom SA (ALO) - Power - Deals and Alliances Profile

Summary Alstom SA (Alstom) is a manufacturer of transportation vehicles. It designs, develops and manufactures rail transport equipment, systems, services and signaling for urban, suburban, regional and main line passenger transportation, and for freight transportation. The company offers a wide range of solutions ranging from high-speed trains to metros and tramways including customized services such as maintenance and modernization, and infrastructure up to signaling solutions. Its operates t...

Jeffrey Vonk
  • Jeffrey Vonk

Alstom Reports Solid Sales Growth but Weak Orders in Q3; Shares Fairly...

Alstom reported solid third-quarter sales of EUR 1.7 billion, up 3% on a reported basis and 2% organically relative to the year-ago period. Sales were mainly fuelled by deliveries of suburban and regional trains in Europe, the progress of the Riyadh metro system in Saudi Arabia, the PRASA project in South Africa, and a maintenance contract in the United Kingdom. The sales numbers were in line with our expectations and showed the underlying strength of the business, in our view. We maintain our f...

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