Alstom Announces Strong Financial Performance, Leading to Positive Free Cash Flow
Free Cash Flow of EUR 557 Million in FY 2023/24, Following Strong Generation of EUR 562 Million
Paris, France - Alstom, a global leader in sustainable mobility solutions, has reported a strong financial performance for the fiscal year 2023/24, with a free cash flow of EUR 557 million. This follows a robust free cash flow generation of EUR 562 million in the previous financial year.
Exceptional Performance Amidst Economic Challenges
Despite ongoing economic headwinds and supply chain disruptions, Alstom has demonstrated unwavering resilience, maintaining a steady financial trajectory. The company's strong performance is attributed to its focus on operational efficiency, cost control, and a disciplined approach to project execution.
Positive Outlook and Future Growth
Alstom remains optimistic about its long-term growth prospects. The company has a robust order backlog, including major contracts for high-speed rail systems, metros, and urban mobility solutions. Alstom's commitment to innovation and sustainability continues to position it as a leader in the industry, opening up new opportunities for growth.
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