ALS News

Stocks

Headlines

Alstom Secures €520M Order for New RER NG Trains

In a recent report, Alstom SA announced a significant €520 million order from SNCF Voyageurs to supply 35 additional RER NG trains. This order is expected to strengthen Alstom's position within the Île-de-France Mobilités network.

Date: 
AI Rating:   7

The report highlights a new order worth approximately 520 million euros awarded to Alstom SA by SNCF Voyageurs for the supply of 35 additional RER NG trains. This development is expected to have a positive impact on Alstom's revenue growth and overall financial stability.

The order, financed entirely by Île-de-France Mobilités, signifies ongoing confidence in Alstom's capabilities and products. With this contract, Alstom continues to fulfill its responsibilities under a framework agreement signed in 2017, which is crucial for future revenue forecasts.

Moreover, it is noteworthy that this is part of a larger trend, as Alstom has successfully delivered a total of 166 RER NG trains, reflecting the sustained demand for its innovative rolling stock line.

While the report does not directly mention specific metrics such as Earnings Per Share (EPS), Net Income, or Profit Margins, the substantial financial figures related to this order suggest likely positive outcomes in those areas. The order enhances Alstom's visibility and credibility in the market, which can be attractive to investors.