2024-03-24 13:32:02
A new generation TGV M trainset, during testing. OLIVIER SCHINDLER
INVESTIGATION – Weakened by a lack of rigor in cash management, late programs and delayed payments, the group had to take measures to redress its financial situation.
World leader operating in a growing market is seeking a solution to emerge from the crisis. This is the current sketch of Alstom whose situation can be summed up in one adjective: paradoxical. On the other hand, the French railway giant, which has become number two in the world since the acquisition of Canadian Bombardier Transport in early 2021, is multiplying its commercial successes. He signed new orders worth 45 billion euros in three years. Valued at more than 90 billion, its XXL order book represents more than five years of activity.
The manufacturer is riding a dynamic market where the train is seen as a solution to decarbonize transport. Trains, trams, metros… The global market is expected to generate 211 billion in revenue per year between 2025 and 2027 (+ 3% per year), according to the Union of European Railway Industries (Unife). With a wide range of modern products and a network of 250 sites in 63 countries, close to customers, Alstom is well placed to benefit.
On the front side…
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