Alstom announces third quarter 10/11 financial results

Over the third quarter 2010/11, from 1 October to 31 December 2010, Alstom registered its best level of order intake since the first quarter of 2009/10 on a comparable perimeter.

With €5.5bn (£4.6bn), the orders booked during the period were supported by the strong demand in emerging markets that represented 60 per cent of the total contracts registered.

With orders of more than €2.8bn and €1.6bn respectively, Power and Transport Sectors recorded marked increases over the recent quarters, while Grid booked €1bn of orders.

The group’s sales reached €15.7bn, with €2.7bn from Grid, up by nine per cent compared to the first nine months of 2009/10.