In the first half 2022/23 (from 1 April to 30 September 2022), Alstom booked EUR10.1 billion of orders.

* Order intake at EUR10.1 billion

* Sales at EUR8.0 billion, up 8%[1] vs. last year, in line with trajectory

* aEBIT[2] margin of 4.9%

* Adjusted Net Profit[2] of EUR179 million

* Free Cash Flow at EUR(45) million

* FY 2022/23 outlook:

* aEBIT margin: 5.1% to 5.3%

* Free Cash Flow: EUR100 to EUR300 million

* Mid-term 2024/25 objectives confirmed

The Group sales reached EUR8.0 billion, in line with the targeted trajectory, resulting in a strong book-to-bill ratio at 1.25. The backlog reached EUR85.9 billion, providing strong visibility on future sales.

Alstom's adjusted EBIT was EUR397 million, equivalent to a 4.9% aEBIT margin. Adjusted net profit was EUR179 million and free cash flow was EUR(45) million for the half-year.

'We have delivered a strong commercial performance during this first half, marked notably by three new wins for our Coradia StreamTM regional train in Germany, Romania and Spain, and a remarkable level of order intake in Services. Market momentum remains very positive with customers confirming their investment plans in all regions. Our operational performance continues to improve as we progress with the integration of Bombardier Transportation according to plan. The quality of our backlog is therefore progressing, resulting in achieved targets and improved profitability despite a challenging macro environment. Confident in the resilience of our business model, we remain fully committed to our 2025 Alstom in Motion plan.' said Henri Poupart-Lafarge, Chairman of the Board of Directors and Chief Executive Officer of Alstom.

Key figures: See full release at:

https://www.alstom.com/press-releases-news/2022/11/alstoms-first-half-202223-solid-results-full-year-outlook-and-mid-term-targets-confirmed-backed-resilient-business-model

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