20 January 2009 || During the first nine months of 2008/09 (from 1 April to 31 December 2008), Alstom booked orders amounting to €21.5 billion, up by 8% versus the same period of the previous year. Sales at €13.5 billion were up by 12%.
Orders booked during the third quarter of 2008/09 at €6.1 billion were at a very satisfactory level. Power Systems’ order intake was sound during the quarter, as expected contracts corresponding to formerly awarded projects became effective. Power Service and Transport recorded a very high level of orders.
Sales for the third quarter of 2008/09 amounted to €4.6 billion, up by 11% compared with the same period of the previous year.
The total backlog reached €47 billion at 31 December 2008, representing approximately 32 months of sales.
«After an exceptionally strong first half, the third quarter of 2008/09 was very satisfactory in terms of commercial activity, illustrated by a book-to-bill ratio of 1.3. Power Systems secured a good level of order intake, while Power Service and Transport continued to show a strong order growth. The progressive delivery of our record high backlog led to a double-digit growth of our sales. Long term outlook on our markets remains favourable. In the short term, demand for Transport and Power Service should remain sound, while Power Systems’ market should be impacted by some project delays related to the current financial environment and economic downturn. We continue to closely monitor the evolution of our markets and adapt accordingly», said Patrick Kron, Alstom’s Chairman & Chief Executive Officer.
Leave a Reply