Alstom (ALO-FR)

QUOTE AND NEWS
Channel News Asia  Jun 14  Comment 
French Finance Minister Bruno Le Maire urged General Electric on Thursday to stick to job commitments at Alstom after the U.S. group informed him it would not be able to create as many as previously planned.
Financial Times  Jun 14  Comment 
The proposed merger of Siemens and Alstom’s rail businesses is designed to fight off competition from China
The Economic Times  Apr 10  Comment 
The engine has been built in Madhepura' Electric Locomotive Factory in collaboration with French firm Alstom under 'Make in India' initiative.
Financial Times  Mar 20  Comment 
Henri Poupart-Lafarge stresses cautious progress to avoid spooking customers
The Economic Times  Mar 12  Comment 
While high-speed trains are a focus for Alstom too, the company’s global chief is not particularly pleased with the Japanese “tied aid” model that India has opted for.
The Economic Times  Mar 12  Comment 
Chairman Henri Poupart-Lafarge said that Alstom’s proposed merger with Siemens Mobility will bring more investments and solutions to India, its fastest-growing market outside France
The Economic Times  Mar 10  Comment 
Valued at 75 million euros ($92 million), the deal was announced as French President Emmanuel Macron began his first official visit to India since being elected last year.
BBC News  Jan 22  Comment 
The automated freight train can travel 100km without driver intervention.




 
TOP CONTRIBUTORS

French multinational conglomerate which holds interests in the power generation and transport markets. According to the company website, in the years 2007-'08

  • Alstom had annual sales of over €16.9 billion, and
  • employed more than 76,000 people in 70 countries.
  • Global 500 (2008) rank : 338
Alstom's headquarters are located in Levallois-Perret, near Paris.
CEO: Patrick Kron
Activities on official website: http://www.alstom.com/home/activities

Financial year 2007-2008

In financial year 2007/08, Alstom's Power Systems Sector booked:

  • a record 38 gas turbines, including 18 GT26.
  • a major contract for steam turbines and generators in a coal power plant in South Africa.
  • an order for four conventional islands in Chinese nuclear power plants.
  • several hydro projects in Brazil, China, Vietnam and Uganda.

Alstom's Power Service Sector signed:

  • 10 operation and maintenance contracts (mainly for gas-fired power plants)
  • many small and medium sized orders, notably in Europe and USA.

Alstom's Transport Sector achieved orders including:

  • a major contract for very high speed trains in France.
  • Pendolino high speed trains for the Helsinki - St Petersbourg line.
  • metros in New York and several other cities.
  • tramways in Dublin and Rotterdam
  • regional and suburban trains in Spain, Australia and Germany
  • a signalling system in Belgium
  • a maintenance contract in the UK.

2009

source Bloomberg Feb,9

The engineering group and its partners won a 6.8 billion-riyal ($1.8 billion) contract to build a 444- kilometer (276-mile) railway in Saudi Arabia, Saudi Gazette reported. The shares gained 2.28 euros, or 5.3 percent, to 44.64 euros.

source China Daily, Feb 10

Alstom will continue technology transfer to China and strengthen its presence in the country, which potentially boasts the world's largest market for infrastructure building.Technology transfer has been a key part of Alstom's strategy. It usually forms consortiums with local partners when bidding for projects in overseas markets.

Competitors

  • Siemens_AG_(SI)
  • Bombardier_(BBD-T)
  • Ansaldobreda (company based in Pistoia and Naples, Italy and responsible for designing and manufacturing railway and mass transit vehicles)

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