News search: Alstom · 02 November 2026 · en
French train manufacturer Alstom reports higher revenue, cuts outlook
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AI · gpt-5.4-mini-2026-03-17 · relevance 48Alstom said first-half revenue rose 3% to €9.3 billion and orders rose to €11.0 billion, but it cut its 2026/27 outlook. The company cited technical issues and testing requirements on the Coradia Max platform and revised margins on selected rolling stock projects.
Pembekal rel Malaysia perlu memantau penurunan panduan Alstom kerana isu pelaksanaan pada projek rolling stock utama boleh menjejaskan jadual subkontrak, komponen, dan peluang bekalan.
Ringkasan
Alstom berkata hasil separuh pertama meningkat 3% kepada €9.3 bilion dan pesanan naik kepada €11.0 bilion, tetapi ia menurunkan unjuran tahun kewangan 2026/27. Syarikat itu memetik isu teknikal dan keperluan ujian pada platform Coradia Max serta semakan margin bagi beberapa projek rolling stock.
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French rail systems manufacturer Alstom has revised down its outlook for the 2026-7 fiscal year despite reporting higher preliminary revenue for the first half of the year.
Preliminary half yearly revenue increased 3% to €9.3 billion ($10.4 billion) from €9.1 billion last year, the firm reported on Monday.
Alstom recorded orders of €11.0 billion, compared with €10.5 billion in the same period of the previous fiscal year. Commercial momentum accelerated in the second quarter, with orders of €8.4 billion.
Nonetheless, adjusted earnings before interest and tax (EBIT) margin decreased to around 4% from 6.4% previous year, largely attributable to gross margin adjustments on projects executed for, and from, Germany.
"In the first half of fiscal year 2026/27, additional technical issues and testing requirements related to the Coradia Max platform surfaced. In parallel, strengthened reviews of some of the most critical Rolling Stock projects provided enhanced visibility on execution risks, additional work required, project timelines and knock-on effects on other projects. These developments led to revised margins at completion on selected projects.", the company said in a statement.
Looking forward to the full year, the company now expects Organic sales growth of low- to mid-single digit, compared to around 5% previously, partly impacted by lower car production than initially anticipated.
Alstom now anticipates an Aadjusted EBIT margin of around 1%, down from 6.5% as announced previously, implying a rebound in adjusted EBIT margin of around 6.5% in the second half fiscal year 2026-27.
The company will publish its half year results for fiscal 2026-27 on November 17, and third quarter results on January 19, 2027.
On Friday, shares closed at €15.81, down 1.92% on the Paris Stock Exchange.