7 days ago
France's Alstom tops market views on first-quarter sales
July 23 (Reuters) - French train maker Alstom ( opens new tab on Wednesday reported slightly higher than expected sales for its first quarter, driven by the ramp-up of projects in Germany and continued execution of projects in France, the U.S. and Italy.
Alstom, which makes trains and signalling systems for urban and regional rail networks, recorded sales of 4.51 billion euros ($5.29 billion), up 7.2% on an organic basis, while analysts had anticipated sales of 4.4 billion euros and organic growth of 5.3%, according to a Visible Alpha consensus.
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