Alstom (ALO-FR)

QUOTE AND NEWS
TheStreet.com  Sep 1  Comment 
NEW YORK (TheStreet) -- General Electric Co.  has a good chance of getting approval from the European Union in the coming days to buy Alstom's energy assets for $14 billion, the Financial Times reports. "The U.S. conglomerate has offered...
newratings.com  Aug 17  Comment 
BRUSSELS (dpa-AFX) - The French market was trading higher on Monday afternoon, after new loans of up to 86 billion euros were agreed to be made available over the next three years to Greece by the European Stability Mechanism or ESM, Europe's...
The Economic Times  Aug 17  Comment 
European stocks rose on Monday to rebound from losses last week caused by worries over China's currency devaluation.
Yahoo  Aug 15  Comment 
General Electric (GE.N) is expected to secure EU approval for its proposed 12.4-billion-euro ($13.8 billion) bid for French peer Alstom's (ALSO.PA) power business, its largest ever deal, two people familiar with the matter said on Friday. The...
Yahoo  Aug 14  Comment 
General Electric (GE.N) is expected to secure EU approval for its proposed 12.4-billion-euro ($13.8 billion) bid for French peer Alstom's (ALSO.PA) power business, its largest ever deal, two people familiar with the matter said on Friday. The...
Clusterstock  Jul 28  Comment 
ROME (Reuters) - General Electric is discussing with Italy's Ansaldo Energia the sale of some gas assets in an effort to gain antitrust clearance for its purchase of French group Alstom's energy assets, two sources close to the matter said on...
TheStreet.com  Jul 27  Comment 
NEW YORK (TheStreet) -- General Electric  will pay about $333 million less for Alstom's power-and-grid business, its largest purchase ever, under proposed changes to the deal designed to eliminate European regulators' antitrust concerns. After...
TheStreet.com  Jul 27  Comment 
NEW YORK (TheStreet) -- Shares of General Electric Co  were rising, up 0.6% to $25.91 on Monday, after Alstom  said it would reduce the price for the sale of most of its energy assets earlier today. Alstom will lower the purchase price of...
The Hindu Business Line  Jul 23  Comment 
A joint venture between Alstom India and Alstom Transport SA has won a ₹1,497-crore order for the Bhaupur-Khurja section of the Eastern Dedicated Freight Corridor. Alstom will design, cons...




 
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)

Linked articles

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki