ALSTOMs first quarter 2006/07 orders and sales -
Strong commercial performance with orders of 4.7Bn, up
32%
ALSTOMs first quarter 2006/07 orders and sales -
Strong commercial performance with orders of 4.7Bn, up
32%
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Orders received for the first quarter of fiscal year 2006/07
were at a very high level, with a strong growth in Power
Turbo-Systems / Power Environment (+64% versus the same period
last year), as a result of the booking of several turnkey gas
power plant projects, and in Power Service (+30%).
Transports orders remained strong, 3% above the level of
the first quarter of last year.
The total backlog, up to 28 billion, represents around 2
years of sales.
Sales for the first quarter of fiscal year 2006/07 were up 3%
compared with the same period of the previous year. Sales in
the Power Sectors were up 7% versus first quarter of fiscal
year 2005/06, while sales in Transport were slightly down
(-3%).
The level of orders booked during the first quarter
2006/07 is the highest registered over the recent years. This
very strong quarter was due to the booking of a large number of
turnkey projects ; it also reflects the good positioning of
ALSTOM on sound markets. Sales should progressively ramp-up
during the fiscal year from an increase of 3% in the first
quarter to 8% for the full year, on a comparable basis. This
growth will notably be driven by the progression of sales in
Transport expected in the second half, said Patrick
Kron, Chairman & Chief Executive Officer of ALSTOM.
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