Alstom maintained a strong commercial activity in the first
nine months of 2008/09
Alstom maintained a strong commercial activity in the first
nine months of 2008/09
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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,
Alstoms Chairman & Chief Executive Officer.
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