Siemens and Alstom have set the next key milestone for a champion in mobility. They have entered today into a Business Combination Agreement (BCA) regarding the proposed combination of Siemens’ mobility business, including its rail traction drive business, with Alstom.
Over the third quarter 2017/18 (from 1 October to 31 December 2017), Alstom booked €1.7 billion of orders, compared to €1.0 billion over the same period last year. The Group’s sales increased to €1.8 billion, up 6% (8% organically) compared to €1.7 billion over the third quarter 2016/17.
Alstom and its JVs in China, SATEE and CASCO , have been awarded two contracts by Chengdu Railway Corp. Ltd. to supply traction systems for 200 metro cars and CBTC signalling system for the entire line of Chengdu metro line 9 phase one, the city’s first driverless metro line.
Alstom announces that the three year period of self-reporting obligations that the Group agreed to as part of the Plea Agreement of 22 December 2014 has come to a successful completion.
Representing Alstom and the Hydrogen Council, Henri Poupart-Lafarge has appeared as part of a panel at One Planet Summit, an event co-organised by the French Presidency, the United Nations and the World Bank.
Between 1 April 2017 and 30 September 2017, Alstom booked €3.2 billion of orders. Sales, at €3.8 billion were up 5% organically. The adjusted EBIT increased to €231 million, 16% above last year, leading to an adjusted EBIT margin of 6.2%.
Alstom scores B at CDP’s climate change questionnaire. These good results show that Alstom has developed a policy and strategic framework within which to take action and reduce negative climate change impacts.
Today, Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens’ mobility business including its rail traction drives business with Alstom.
Alstom has been awarded a contract by Chengdu Metro Corp. Ltd. to supply the traction systems for 496 metro cars to circulate on Line 5, the city’s new metro line.
Alstom has been selected in Dow Jones Sustainability indices (DJSI), World and Europe for the seventh consecutive year, which recognises its leading position in the field of sustainability.
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