The plan of Alstom to accelerate without merging with Siemens

Turn the page after the merge failed with Siemens. When this project of marriage fell apart in February, following the veto of the european Commission, many que

The plan of Alstom to accelerate without merging with Siemens

Turn the page after the merge failed with Siemens. When this project of marriage fell apart in February, following the veto of the european Commission, many questioned the capacity of Alstom to continue his journey solo. In may, the manufacturer, rail (TGV, train, tram...) began to reassure with record results for fiscal year 2018-19: a turnover of almost 8 billion euros, an increase of 10 %, and a profit increase of 87% to 681 million euros.

on Monday, the group has pressed the nail with a roadmap until 2023 to be very proactive: in the program, an average increase in turnover of 5 % per year, while the market of the railway is experiencing a growth of 3% and an operating margin of 9 % against a little over 7 per cent in 2018.

"we need to consolidate what we did in the rolling stock, and accelerate in the services and signaling"

Henri Poupart-Lafarge

To achieve this, the CEO of Alstom, Henri Poupart-Lafarge, has his idea: "It is necessary to consolidate what we did in the rolling stock, and accelerate in the services and the ...

Updated Date: 26 June 2019, 00:00

Kathleen Lees

Lees


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