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Alstom: operating margin improves in 2017-18

(CercleFinance.com) - Alstom has published FY 2017-18 net income, group share of 475 million euros, compared to 289 million the previous year, with a 0.
7 point improvement in its operating margin to 6.5%.

Sales of the railway equipment manufacturer reached eight billion euros, up 9% (+10% like-for-like), with orders received down 28% at 7.2 billion euros.

Its Board of Directors will propose a dividend of 0.35 euro per share at the AGM of 17 July. For FY 2018-19, revenues are expected to be about 8 billion euros, with an adjusted operating margin that is expected to reach up to 7%.


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