Alstom

ALO

FR0010220475

Heavy Machinery & Vehicles

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-02-06 am EST			After hours 02:54:53 pm
28.43 ^EUR	+1.10%		28.44	+0.02%

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Consortium Led by Webuild Wins Contract for Riyadh Metro Extension

Published on 01/13/2026 at 05:14 am EST

Alliance News - Translated by Marketscreener - See original

ALSTOM

+1.10%

WEBUILD S.P.A.

+0.39%

(Alliance News) - The Royal Commission for Riyadh City announced on Tuesday that it has awarded the contract for the extension of the Red Line to the consortium led by Webuild Spa, together with India's L&T, Saudi Arabia's NESMA, and France's Alstom.

The project involves an 8.4 km driverless metro line, including 1.3 km on viaduct and 7.1 km in tunnel, as well as five stations – three of which will be underground – and signaling systems. A TBM will be used for tunnel excavation.

The extension is part of the development of the world's longest driverless metro network, recognized by the Guinness World Records, which comprises six lines totaling 176 km and was inaugurated last December.

The new section will enhance system integration and connect the Red Line to Diriyah, a UNESCO site and the focus of a major cultural and tourism development project.

Webuild has been present in Saudi Arabia since 1966 and has completed over 90 projects in the country. In Riyadh, it is currently engaged in several works, including the 10,500-space underground parking facility for Diriyah.

Webuild shares are down 0.3% at EUR3.52 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ALSTOM	28.43EUR	+1.10%	+5.22%	15.32B
	WEBUILD S.P.A.	3.614EUR	+0.39%	+3.55%	4.23B

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ALO: Dynamic Chart

Company Profile

Alstom is one of the world leading manufacturers of infrastructures for rail transport sector. Net sales break down by family of products and services as follows: - rolling stocks (51.1%): trains, tramways and locomotives; - railway services (24.3%): maintenance, modernization, management of spare parts, support and technical assistance services; - signaling, information and control systems (14.3%); - railway infrastructures (10.3%): infrastructures for the track laying, lines electrical power systems, electromechanical equipment, telecommunication devices and traveler information in station, terminals for automatic purchase of tickets, access to escalators, lifts for disabled, automatic landing doors on platforms, ventilation, air conditioning and lighting systems). Net sales are distributed geographically as follows: France (17.1%), Europe (39.6%), Americas (19.8%), Asia/Pacific (14.5%) and Middle East/Africa/Central Asia (9%).

Employees

86,039

Sector

Heavy Machinery & Vehicles

Calendar

Feb. 18 - India AI Summit

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