Alstom SA:Q4 2020 financial results of Bombardier Transportation
11 Febbraio 2021 - 3:31PM
Alstom SA:Q4 2020 financial results of Bombardier Transportation
Q4 2020 financial results of
Bombardier Transportation
11 February 2021 – Bombardier Inc
published today Q4 2020 (3 months period ending December 31 2020)
financial results for Bombardier Transportation as part of its
group Q4 2020 financial publication. This information is available
on https://bombardier.com/en/investors/financial-reports1. These
results specify charges impacting the adjusted EBIT. Alstom
understands that these charges are related to challenging projects,
mainly in the United-Kingdom, Germany and Switzerland.
The Group confirms its objectives to restore the
margin of former Bombardier Transportation activities to a standard
level in the medium term, and to achieve the synergies2 and the EPS
accretion previously
communicated3.
1 Alstom did not review or conduct any audit of this financial
information published by Bombardier Inc.2 €400 million cost
synergies on annual run rate basis by the fourth to fifth year
(post-closing of the acquisition)3 The transaction is expected to
be double digit EPS accretive from year 2 post closing (after cost
synergies and implementations costs, and before PPA
amortization).
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About Alstom |
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Leading societies to a low carbon future, Alstom develops and
markets mobility solutions that provide the sustainable foundations
for the future of transportation. Alstom’s products portfolio
ranges from high-speed trains, metros, monorail, trams and e-buses
to integrated systems, customised services, infrastructure,
signalling and digital mobility solutions. With Bombardier
Transportation joining Alstom on January 29, 2021, the new Group’s
combined revenue amounted to €15.7 billion for the 12-month period
ended March 31, 20201. Headquartered in France, Alstom is now
present in 70 countries and employs 75,000 people.
www.alstom.com¹unaudited proforma |
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Contacts |
Press:
Samuel MILLER - Tel.: +33 (1) 57 06 67
74Samuel.miller@alstomgroup.com Coralie COLLET - Tel.: +33 (1) 57
06 18 81coralie.collet@alstomgroup.com Investor
relations:Julie MOREL - Tel.: +33 (6) 67 61 88
58Julie.morel@alstomgroup.comClaire LEPELLETIER – Tel.: +33
(6) 76 64 33 06claire.lepelletier@alstomgroup.com |
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