|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||29.54 - 29.54|
|52-week range||15.85 - 30.18|
|Beta (5Y monthly)||0.86|
|PE ratio (TTM)||13.61|
|Forward dividend & yield||0.25 (1.31%)|
|Ex-dividend date||20 Jul 2022|
|1y target est||N/A|
(Reuters) -French train maker Alstom posted an 8% rise in third-quarter sales on Wednesday, helped by forecast-beating orders, particularly in Europe. While Alstom's costs have increased due to supply-chain issues, the war in Ukraine and its acquisition of Bombardier's rail business, its sales have gained from a ramp-up in orders as train ridership improves with the easing of COVID-19 restrictions. "I do not see any sign ... of a slowdown on our demand globally," finance chief Laurent Martinez told analysts in a call, adding that ridership was back to pre-COVID levels.
(Reuters) -French train maker Alstom sharpened its annual targets on Wednesday as forecast-beating orders and the integration of Bombardier Transportation boosted its prospects for the second half of the year.
(Reuters) -French train maker Alstom reported on Tuesday an 8% jump in quarterly sales and confirmed its full-year outlook, but reiterated concerns over inflation and component shortages. Alstom's shares, which had tumbled 6% by 1008 GMT, have lost a quarter of their value this year as Russia's invasion of Ukraine drove costs higher and new lockdowns in China further disrupted global supply chains. Chief Financial Officer Laurent Martinez told analysts in a call that supply chain disruptions had not affected deliveries in its first quarter which ended on June 30 and the situation was "tense but so far under control".