Alstom Posts Record 3Q Orders, Sales Rose
17 Gennaio 2019 - 8:00AM
Dow Jones News
By Nathan Allen
Alstom SA (ALO.FR) said Thursday that its third-quarter sales
rose, while orders reached a new record thanks in part to
particularly high service orders.
Sales for the October-December period rose to 2.01 billion euros
($2.29 billion) from a restated figure of EUR1.83 billion a year
earlier, the French train maker said.
Alstom said it booked a record EUR3.39 billion in new orders
over the quarter, up from EUR1.68 billion in the year-earlier
period.
The company said its proposed merger with Siemens AG's (SIE.XE)
rail business is on track to close in the first half of 2019, even
though the tie-up faces staunch opposition from regulators across
Europe.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
January 17, 2019 01:45 ET (06:45 GMT)
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