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Alstom reviews upwards its medium-term forecasts following an excellent fiscal year 2007/08


“Fiscal year 2007/08 was marked by a record level of orders in both our Power and Transport activities, highlighting our good positioning in the growing infrastructure markets. The strong increase in sales, the substantial improvement of our performance and the high cash generation illustrate once again the success of our profitable growth strategy. The sharp rise in net result allows us to propose to our shareholders to double the dividend. The level and quality of the backlog, combined with a continuous focus on project execution, give us confidence to review upwards our operating margin estimate for March 2010 to around 9%. To support this positive trend, the Group will continue the recruitment of the talents it needs, its effort in research and development to stay ahead in innovation and its investments to selectively increase its capacity”, said Patrick Kron, Alstom’s Chairman and Chief Executive Officer.

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