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Record commercial performance for Alstom in 2015/16

Yvon Maier - 05-juil.-2016 11:46:01
  Between 1 April 2015 and 31 March 2016, Alstom achieved a record commercial performance with orders received and backlog at respectively €10.6 billion and €30.4 billion. Over the same period, sales were up 12% (7% organically), amounting to €6.9 billion. The adjusted EBIT increased to €366 million, 23% above last year, leading to an adjusted EBIT margin of 5.3%.    Net income (Group share) reached €3.0 billion, benefitting from the sales of Energy activities to General Electric and after impact of exceptional impairments mainly in France.    Alstom benefits today from a very strong balance sheet. The net debt significantly decreased to €0.2 billion on 31 March 2016 compared to €3.1 billion on 31 March 2015. Equity amounted to €3.3 billion at 31 March 2016.   Following the cash return to shareholders of €3.2 billion through the public share buy-back offer, the Board of Directors will propose no dividend distribution at the next Annual General Meeting.          “2015/16 is the second record commercial year in a row for Alstom, including a major e-Locos project in India and successes across all regions and product lines. Sales growth exceeded expectations with above 5 % average organic growth over the past four years. The adjusted EBIT was up by over 20%. Balance sheet is strengthened by the transaction with General Electric. The implementation of our strategy is on track allowing us to confirm our 2020 objectives.”, said Henri Poupart-Lafarge, Alstom’s Chairman & Chief Executive Officer.   Official website : www.alstom.com French Rail industry :  http://business.youbuyfrance.com/french-rail-industry/companies  
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Welcome to the Business France Tel Aviv, the Trade and Investment office of the Embassy of France in Israel! Business France promotes France’s companies, business image and attractiveness of France for foreign investors. Business France also manages the VIE Scheme in Israel. Founded on January 1, 2015 through a merger of Ubifrance Agency with Invest in France Agency, Business France is staffed with some 1,500 professionals located in France and in 70 countries throughout the world. The multicultural team of Business France in Tel Aviv comprises of 5 Trade professionals, supporting French companies in developing their business projects in Israel. They are organized in four departments of expertise, specialized in: - Indsustries and Cleantech - Fashion, Housing, Health & Sciences - Food & Beverages, Agribusiness - Technologies & Services Since late 2015, Business France in Israel is also manned with one full time expert dedicated

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| octobre 27, 2015