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Rail News Home Financials

11/8/2007



Rail News: Financials

Alstom registers sales, income gains in first-half of FY2007


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Thanks to strong growth in its transport and power segments, Alstom posted record orders, strong sales numbers and increased net income during “first semester” 2007.

Between April 1 and Sept. 30, the company recorded $18.7 billion worth of orders, up 33 percent compared with the same six-month period in 2006, bringing the total backlog to $54 billion.

In addition, income from operations rose 39 percent to $840.6 million, net income increased 49 percent to $569 million and sales rose 21 percent to $11 billion.