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ALSMY / Alstom shares plunge more than a third after high-speed train builder warns on cash flow

Alstom shares ALO, -36.98% came off the rails Thursday, at one point sliding 37%, after the France-based maker of high-speed trains cut its free cash flow forecast amid project delays and inventory build-up. Read More

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Posted: Oct 5 2023, 08:02

Author Name: Market Watch

ALSMY News

By Market Watch
October 5, 2023

Alstom shares plunge more than a third after high-speed train builder warns on cash flow

Alstom shares ALO, -36.98% came off the rails Thursday, at one point sliding 37%, after the France-based maker of high-speed trains cut its free cash

By CNBC
October 5, 2023

French train manufacturer Alstom plunges 35% after cash flow downgrade

Trading of Alstom was briefly suspended at the open of the Paris Stock Exchange.

By Seeking Alpha
August 14, 2023

Alstom: Plenty To Like At This Valuation, Apart From Positive RoR

Investing is becoming more challenging with rising interest rates and the need for higher returns. Alstom, a market leader in transportation, has stro

By Seeking Alpha
June 21, 2023

Alstom: Keeping Pace With The S&P 500 And More

Alstom, a French industrial/infrastructure company, is considered a strong long-term investment despite some issues. The company is capable of handlin

By Seeking Alpha
March 18, 2023

Alstom: Undervalued French Infrastructure - A 2023 'Buy'

Since writing on Alstom, the company has had significant success and positive RoR, only to, lately, become victim to the general "March madness". The

By Market Watch
January 25, 2023

Alstom reports higher sales and orders and confirms full-year targets

Alstom reported on Wednesday an increase in nine-month sales and confirmed its fiscal-year targets.

By Reuters
January 25, 2023

Train maker Alstom's sales gain steam from European orders

French train maker Alstom on Wednesday posted an 8% rise in third-quarter sales, helped by strong orders in Europe.

By Seeking Alpha
December 24, 2022

Why Alstom Is A Long-Term And A Timeless Investment

The time has come for me to revisit Alstom, a company I wrote about some months ago out of France. Alstom is one of my few, current heavy French inves

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