Over the third quarter 2014/15 (from 1 October to 31 December 2014), Alstom booked €1.6 billion of orders, compared to €2.5 billion over the same period last year which included the Riyadh metro (€1.2 billion). The Group's sales, at €1.5 billion, were up 10% organically over the third quarter 2013/14.
For the first nine months of 2014/15 (from 1 April to 31 December 2014), Alstom's order intake reached €8.0 billion, a 52% increase compared to the first nine months of 2013/14. The Group's sales amounted to €4.6 billion, up 12% organically compared to the first nine months of 2013/14.
At €27 billion on 31 December 2014, the backlog represented over 4 years of sales.
"The third quarter 2014/15 showed a good level of orders, fuelled by small to mid-sized contracts. Sales grew at a steady pace, up 10% organically. We confirm our full-year guidance of a high single digit organic sales growth and an operating margin (after corporate costs) over 5%. We also confirm our free cash-flow guidance. Our shareholders showed a strong support for the GE transaction at our EGM on 19 December with over 99% of the votes being positive. Filings for competition and regulatory authorisations are ongoing”, said Patrick Kron, Alstom’s Chairman & Chief Executive Officer.
Full version of the Press release below in pdf.