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Finance

Posted By Global Banking and Finance Review

Posted on January 21, 2025

France's Alstom third-quarter sales top forecasts

(Reuters) - French train maker Alstom on Tuesday reported higher-than-expected sales for its fiscal third quarter, helped by double digit revenue growth in its systems and services divisions.

Alstom, which makes trains and signalling systems for urban and regional rail networks, reported sales of 4.67 billion euros ($4.86 billion) in the quarter ending Dec. 31. Analysts on average had anticipated 4.49 billion euros, according to a Visible Alpha consensus.

($1 = 0.9602 euros)

(Reporting by Anna Peverieri and Alban Kacher; Editing by Tomasz Janowski)

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