Alstom Cuts Guidance, Plans Overhaul in Second Warning This Year
9 Articles
9 Articles
Alstom slashes annual margin target, sees €1.5 billion cash burn
The French rail giant will not meet its targets for semi-annual and annual results, due to significant penalties related to the skid off of the Coradia Max programme in Germany.
The difficulties in the production of Coradia Max trains cast doubt on the financial performance forecasts of the French railway manufacturer for the period from April to September 2026.
Due to difficulties encountered in a regional train program, the group has significantly reduced its ambitions for its 2026-2027 staggered exercise.
The French rail manufacturer Alstom drastically lowered its annual forecasts on Monday after poor results in the first half of the year due to difficulties in producing its Coradia Max train programme for Germany.
French train manufacturer Alstom has lowered its forecast for the 2026/2027 financial year.
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