Alstom cuts FY 2026/27 outlook on execution issues
Preliminary first-half sales rise 3% to €9.3 billion, but adjusted EBIT margin falls to around (4)% and free cash flow is €(1,248) million.
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Rail transport systems and mobility solutions provider
alstom.comLast updated
In short: Alstom cut its FY 2026/27 outlook as execution issues hit its first-half margin and cash flow
Preliminary first-half sales rise 3% to €9.3 billion, but adjusted EBIT margin falls to around (4)% and free cash flow is €(1,248) million.
It will supply Metropolis trains for Hanoi urban rail projects, manufactured at Valenciennes Petite-Forêt in France, booked in Q3 fiscal 2026/27.
The contract is worth about €947 million and covers maintenance of 133 Class 720 Aventra trains until the early 2040s.
Its 15-year scope covers eight locally built trains, a new signalling system, communications upgrades, fleet refurbishment and long-term maintenance.
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