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BRIEF-Alstom H1 Sales Down At 3.52 Billion Euros, Confirms 2022/23 Outlook

Published 2020-11-10, 12:28 p/m
© Reuters.
ALSO
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Nov 10 (Reuters) - ALSTOM SA ALSO.PA

* H1 NET INCOME GROUP SHARE EUR 161 MILLION VERSUS EUR 213 MILLION YEAR AGO

* H1 ADJUSTED EBIT EUR 263 MILLION VERSUS EUR 319 MILLION YEAR AGO

* END-SEPT ORDER BOOK EUR 40.00 BILLION VERSUS EUR 41.33 BILLION YEAR AGO

* H1 SALES EUR 3.52 BILLION VERSUS EUR 4.14 BILLION YEAR AGO

* SEES FOR FY SALES BETWEEN € 7.6 BILLION AND € 7.9 BILLION

* SEES FOR FY AN ADJUSTED EBIT MARGIN IN THE 7.7% - 8.0% RANGE

* END-SEPT FREE CASH FLOW AT EUR -253 MILLION IMPACTED BY THE COVID-19 CRISIS

* SEES FOR FY BREAKEVEN TO POSITIVE FREE CASH FLOW GENERATION

* SEES FOR FY COMMERCIAL PERFORMANCE ALLOWING A BOOK TO BILL RATIO ABOVE ONE

* ON BOMBARDIER, WE ARE LOOKING FORWARD TO CLOSING THE TRANSACTION IN Q1 2021 - CEO

* SOLID OUTLOOK FOR H2 AND CONFIRMED 2022/23 OUTLOOK

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