Alstom Secures €210M Metro Train Order for Lille Contract

Alstom has announced a significant new contract: a €210 million deal to supply additional metro trainsets to Lille. This contract builds on previous orders, showcasing Alstom's ongoing growth and commitments in urban transport solutions.

Date: 20-01-2025

AI Rating: 7

Contract Value and Business Growth: Alstom's latest contract to supply 15 new-generation automated metro trainsets at a cost of around 210 million euros signifies a positive expansion of their business. This order complements a previous batch of 27 ordered trains, indicating consistent demand and a robust pipeline of projects. Booking this contract in the third quarter of their fiscal year demonstrates that Alstom is active in securing deals that could enhance future revenue visibility.

No specific information on financial metrics such as Earnings Per Share (EPS), Revenue Growth, Net Income, or Profit Margins was noted in the report. Nevertheless, the confirmed order suggests positive momentum for Alstom's operational and sales capabilities.

Stocks: ALSMY