Alstom (ALO-FR)

QUOTE AND NEWS
The Hindu Business Line  May 5  Comment 
Alstom T&D India has been selected to lead the smart grid project by Himachal Pradesh State Electricity Board Ltd, the company said in a statement on Tuesday. The project is located a...
Yahoo  May 4  Comment 
General Electric's (GE.N) CEO will meet Europe's antitrust chief on Tuesday, according to a source, in what is expected to be a push for unconditional EU approval for its 12.4-billion-euro ($13.8 billion) bid for an Alstom (ALSO.PA) business. Jeff...
The Economic Times  May 1  Comment 
For the full fiscal 2014-15, the company reported a net profit of Rs 120.57 crore as compared to Rs 117.02 crore in 2013-14.
Reuters  Apr 16  Comment 
Britain's Serious Fraud Office (SFO) charged a UK subsidiary of Paris-listed French engineering group Alstom with four further criminal offences of corruption and conspiracy to corrupt in a drawn-out investigation that has swung to Hungary.
Financial Times  Apr 16  Comment 
The Hindu Business Line  Apr 14  Comment 
Alstom T&D has secured a ₹56.90 crore order from the Bhabha Atomic Research Centre to provide a 220/11kV, 25/31.5 MVA substation for its Challakere unit in Chitradurga, Karnataka. Und...
The Economic Times  Apr 1  Comment 
'Alstom India is a 'BUY' call with a target of Rs 760 and a stop loss of Rs 714'
The Hindu Business Line  Mar 22  Comment 
French firm taps ‘Make in India’ to cut input costs for service starting next year
The Hindu Business Line  Mar 21  Comment 
Manufacture of Kochi Metro coaches commenced today at Sri City manufacturing unit of Alstom Transport India Ltd. The first train set for the Kochi Metro is likely to delivered by this yea...
Reuters  Mar 20  Comment 
* Follows suspension of executives, ratings downgrade (Recasts with ABB, details)
Biomass Magazine  Mar 18  Comment 
Alstom has signed two contracts with Danish power plant specialist Burmeister & Wain Scandinavian Contractor for geared reaction steam turbines (GRT) to be used in two U.K. biomass projects.




 
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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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