ENXTPA:ALOMachinery
Alstom (ENXTPA:ALO) Valuation After Major Rail Contracts And Solid Recent Sales Performance
Why Alstom’s latest contracts are back in focus
Alstom (ENXTPA:ALO) is back on many investors’ screens after a run of large contract wins in Canada, France and Germany, alongside reported sales growth for its latest quarter and first nine months.
These deals, worth about €1.4b with Toronto Transit Commission, roughly €600 million with SNCF Voyageurs and around €500 million in Germany, give fresh context for assessing the rail group’s current share price and recent return profile.
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