ENXTPA:ALOMachinery
Alstom’s New Contracts Test Services Growth Versus Stretched Valuation Concerns
Alstom (ENXTPA:ALO) has secured a €380 million contract to upgrade and extend maintenance for the Skyway automated people mover at Houston Intercontinental Airport.
The company has also signed a long-term support and refurbishment agreement for ScotRail's Class 222 fleet.
Both agreements add multi year visibility to Alstom's services activity across North America and the UK rail markets.
Alstom focuses on rail and mobility solutions, including rolling stock, signaling and long term...