Results in line with the trajectory set during the acquisition of Bombardier Transportation, finalized in January 2021. A dynamic commercial activity, which propelled the value of the order book to the historic level of 81 billion euros.
Revenue up 11%.
Alstom would have reason to be pleased with the results of its 2021-2022 financial year (ending March 31) if it had not been overtaken by the consequences of the war in Ukraine.
It is because of the international sanctions which hit Russia that the accounts of the French manufacturer of the TGV, trains and other metros have turned red.
Alstom had to pass a depreciation of 441 million on the value of its stake (20%) in the capital of the Russian manufacturer Transmashholding (TMH).
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Once this operation is taken into account, the group shows a net loss (group share) of 581 million.
“It is a purely financial participation.
It has not had an operational counterpart for some time.
TMH has an activity…
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