Alstom

ALO

FR0010220475

Heavy Machinery & Vehicles

Market Closed - Euronext Paris Other stock markets 11:35:37 2024-09-19 am EDT			5-day change	1st Jan Change
17.96 ^EUR	+3.64%		+7.84%	+47.45%

Sep. 19	Alstom: 63 million euros of investment in Italy	CF
Sep. 17	Alstom: has completed a major overhaul in the UK	CF

Alstom: maintenance contract extended in the UK

July 29, 2024 at 10:35 am EDT

Alstom announced on Monday the signing of a £10.4 million (approx. €12.2 million) contract for train maintenance in the UK.

With this contract extension, the duration of which was not communicated, Alstom will continue to maintain the fleet of 12 Class 397 trainsets operated by TransPennine Express.

Manufactured by Spain's CAF and owned by Eversholt Rail, these trains - which entered service in November 2019 - currently link Liverpool to Manchester airport, as well as Edinburgh to Glasgow.

Alstom will maintain them from its facilities in Manchester, one of the largest in the UK with a capacity of 300 trains per day, and Glasgow, which can accommodate up to 17 trains per day.

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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 (51.8%): trains, tramways and locomotives; - railway services (24.2%): maintenance, modernization, management of spare parts, support and technical assistance services; - signaling, information and control systems (15%); - railway infrastructures (9%): 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 (15.4%), Europe (42.2%), Americas (19.7%), Asia/Pacific (13.8%) and Middle East/Africa/Central Asia (8.9%).

Employees

78,684

Sector

Heavy Machinery & Vehicles

Calendar

2024-11-13 - Q2 2025 Earnings Release

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