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Alstom: organic growth reaches 2% in Q3

( - Alstom has Q3 2020-21 sales of 2,049 million euros, against 2,060 million euros a year ago, albeit with slight organic growth of 2%, thanks to rolling stock and signalling.

Over the period, the transport equipment manufacturer booked orders of over 1.8 billion euros, bringing its order backlog to 40.1 billion euros at 31 December 2020, which it says provides strong visibility on future revenue.

Alstom therefore confirms its "Full year outlook and mid-term 2022/23 guidance confirmed, supported by positive Q4 commercial pipeline and mid-term rail market perspectives".

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