Alstom (ALO-FR)

QUOTE AND NEWS
The Economic Times  Aug 29  Comment 
The pan-European STOXX 600 index was down 0.1 per cent by 0715 GMT, pulling back from gains seen in the previous session.
newratings.com  Aug 27  Comment 
LEVALLOIS-PERRET (dpa-AFX) - Alstom (AOMFF.PK, ALS.L) announced that it has signed EUR 1.8 billion or $2 billion contract with Amtrak to design and build 28 new high-speed trains, which will run on the Northeast Corridor (NEC) between Boston and...
Forbes  Aug 26  Comment 
While Amtrak has previously said that an Acela Express replacement was on the way, commonly referred to as Acela 2, few details were set in stone. On Friday, Amtrak and partner Alstom revealed the initial details for the Northeast Corridor's high...
Clusterstock  Aug 26  Comment 
PARIS (Reuters) - French transport group Alstom said on Friday it had signed a 1.8 billion euro ($2 billion) deal to design and build 28 new high-speed trains for U.S. rail operator Amtrak. Under the deal, Alstom said it would also provide...
Clusterstock  Aug 16  Comment 
By Alwyn Scott NEW YORK (Reuters) - General Electric Co's recent purchase of part of Doosan Engineering & Construction Co Ltd of Korea will sharply boost the U.S. manufacturer's revenues from its $9.5 billion purchase of Alstom power assets...
Motley Fool  Aug 15  Comment 
After peeling back the layers, it's clear that the industrial environment is under pressure and GE's growth would be virtually nonexistent without the benefit of Alstom.
The Economic Times  Aug 5  Comment 
Last month, the company received shareholders' approval for changing the name of the company to GE Power India after firm was taken over by US giant General Electric.
The Economic Times  Aug 2  Comment 
"Name of the company has been changed with effect from August 2, 2016 from ALSTOM T&D India Ltd to GE T&D India Ltd," the company said in a BSE filing today.
newratings.com  Jul 18  Comment 
LEVALLOIS-PERRET (dpa-AFX) - Alstom (AOMFF.PK, ALS.L) said that it has been awarded a contract worth over EUR800 million to supply 79 Intercity New Generation trains to NS.The trains which can reach a maximum speed of 200 km/h will be delivered...
The Hindu Business Line  Jul 15  Comment 
Fifteen companies will turn ex-dividend on Monday. These include Dr Reddy’s Laboratories which will pay (₹20 a share), Alstom India (₹1.80), Agro Tech Foods (₹2) Century Textiles (₹5.5), Shriram Tran...




 
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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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