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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Alstom SA Issues Sales Guidance for FY 2013/2014 in Line with Analysts' Estimates; Issues Operating Margin and Free Cash Flow Guidance for FY 2013-2016

Wednesday, 24 Jul 2013 12:48am EDT 

Alstom SA announced that it confirms its previously issued guidance for financial year 2013/2014 of a low single digit sales growth on an organic basis. The Company reported for financial year 2012/2013 a revenue of EUR 20,269 million. According to I/B/E/S Estimates, analysts were expecting the Company to report for fiscal year 2013/2014 EUR 20,837.50 million, what reflects a growth of 2.8%. The Company also announced that it expects for financial year 2013/2014 a stable operating margin, which should gradually increase to around 8% over the subsequent two to three years and of a positive free cash flow year after year over this period. 

Company Quote

-0.155 -0.58%
4:29am EDT