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The semi-annual profit of Alstom increased 66% to 213 million euros

Alstom had 213 million euros of profit in the first half of its accounting year, 66.4% more than in the same period of 2016, announced today the French industrial group, which is in the process of absorption of its railway activities by the German Siemens.

Paris, Nov 14 (EFE) .- Alstom had 213 million euros of profit in the first half of its accounting year, 66.4% more than in the same period of 2016, the group announced today. industrial French, which is in the process of absorption of its railway activities by the German Siemens.

The adjusted operating result increased by 16% between 1 April and September 30 and the adjusted operating margin remained at 6.2%, compared to 5.6% the previous year, Alstom said in a statement.

Billing increased 5% 3,756 million euros, while the orders received fell 49% to 3,170 million euros.

The company noted that last year had obtained in the first half of its I exercise several large contracts such as the new generation of high-speed trains for the American operator Amtrak or the extension of the red line of the Dubai metro to RTA.

This exercise, among the main orders there were two with Canada for about a hundred light vehicles to travel on rails, a system contract for the subway in Vietnam, another in the Philippines, sales of regional trains in Italy, Senegal and Germany, a maintenance contract in Sweden and a fleet modernization project in the United States.

The president of the company, Henri Poupart-Lafarge, considered that these six-monthly accounts for the year were "solid operating results, in line with (their) objectives for 2020. "

In this regard, Alstom expects to achieve by 2020 an organic increase in revenues of 5% per year and an adjusted operating margin that should reach around 7%. year. In September, the French company reiterated the argument in favor of that operation taking into account that the business of both "are broadly complementary in terms of activities and geographical presence ".

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