Alstom's Q3 2024/25 results show growth in orders and sales, with positive outlook confirmed

From GlobeNewswire: 2025-01-21 11:45:39

Alstom’s third quarter of 2024/25 saw a confirmed outlook for the fiscal year. Q3 order intake reached €4.3 billion, with sales at €4.7 billion. For the first nine months, order intake was at €15.2 billion, with sales reaching €13.4 billion, showing a 5.3% increase. Alstom’s backlog as of December 31, 2024, stood at €94.7 billion. The company’s financial targets for FY 2024/25 include a book-to-bill ratio above 1, sales organic growth around 5%, and an EBIT margin around 6.5%. Free cash flow is expected to be within the range of €300 million to €500 million.

During the quarter, Alstom received new orders from European customers worth a total of €760 million, including contracts for materials and maintenance services. In France, orders were received for additional trains for the RER E line and new-generation automated metro trainsets for Lille. In the Americas, contracts were awarded for operating and maintaining regional passenger rail systems and airport automated people mover systems. The level of base orders exceeded €2 billion in the quarter.

Sales for Q3 2024/25 were €4,672 million, up from €4,332 million in Q3 2023/24. Over 9 months, sales reached €13,448 million, showing a growth of 5.3% on a reported basis and 6.9% on an organic basis. Rolling stock sales increased by 3%, signalling sales were down 2% on a reported basis, and systems sales were up 20%. Services sales were up 9% on a reported basis.

Key project deliveries included the launch of metro lines in Mumbai, Chennai, and Riyadh, as well as the introduction of catenary-free technology in Barcelona. Alstom’s outlook for FY 2024/25 is based on supportive market demand and a book-to-bill ratio above 1. The company’s mid to long-term ambitions remain confirmed as per previous announcements.



Read more at GlobeNewswire: Alstom’s third quarter 2024/25: confirmed