Alstom S.A.

Alstom has secured a €270 million contract from the Victorian Government to build 25 additional X’trapolis 2.0 trains, exercising an option under an existing deal. This order supplements the 25 trains already being delivered under the initial 2021 contract, bringing the total fleet to 50. The six-car electric trains feature a 60% local content requirement, supporting hundreds of skilled manufacturing jobs across Victoria. The first X’trapolis 2.0 entered passenger service in May 2026, replacing a legacy fleet dating from the early 1980s.

Alstom and its consortium partners have reached financial close for the Haifa-Nazareth light rail project in Israel. The overall project is valued at approximately €2 billion, with Alstom's share at around €750 million, covering rail systems design, engineering, supply, integration, testing, commissioning, and long-term maintenance. The 41-kilometre line will connect Haifa, Nazareth, and surrounding communities through 20 stations, serving about 100,000 passengers daily. The consortium includes Electra Ltd. and Minrav Ltd., which will handle civil and infrastructure works, while a joint venture of Electra Afikim, Minrav, and Alstom will manage operations and maintenance. Financial close enables full-scale execution of one of Israel's largest public transportation initiatives.

Alstom confirmed its fiscal year 2026/27 outlook after reporting first-quarter sales of €4,734 million, up 4.9% on a reported basis and 4.8% organically. Order intake fell 37% to €2,560 million, yielding a book-to-bill ratio of 0.5x, though the company expects commercial momentum to accelerate in the second quarter. Key operational milestones included TGV-M homologation in France, delivery of the first Multilevel III vehicle to NJ TRANSIT in the United States, and the entry into passenger service of the X'trapolis 2.0 train in Melbourne and Africa's first monorail system in Egypt. The backlog stood at €102.8 billion at the end of June 2026. The group continues to target a book-to-bill ratio above 1, organic sales growth around 5%, an adjusted EBIT margin around 6.5%, and positive free cash flow for the full year.

The global smart transportation market is projected to grow from USD 176.22 billion in 2026 to USD 400.92 billion by 2032, at a compound annual growth rate of 15.0%. The roadways segment is expected to be dominated by traffic management solutions, while the railways segment will see substantial growth in passenger information solutions. In the airways segment, air traffic management solutions are forecast to lead. Major players include Thales Group, Huawei, Siemens, Cisco, and Alstom.

Alstom has announced a new locomotives contract in the Africa, Middle East and Central Asia region worth approximately €800 million. The name of the client and the details of the contract will be disclosed at a later date. This order was booked in the first quarter of Alstom's fiscal year 2026/27.

At the 7th Qingdao Multinationals Summit, 357 multinational corporations from 44 countries gathered as several firms announced major investment commitments in the city. AstraZeneca disclosed plans to invest over RMB 100 billion in China by 2030, following three consecutive capital increases for its Qingdao base since 2023. Alstom China President Geng Ming said the company will consolidate Qingdao’s pivotal role in its China operations, citing the city’s advantages in rail transit. Weta Workshop co-founder Richard Taylor called Qingdao’s Oriental Movie Metropolis title well-deserved and named it a top global location to pilot the NewZGold cultural brand. Spanish machine tool maker Ibarmia will expand its Qingdao presence to make it the primary base for the Chinese market.

An Alstom-led consortium has signed four contracts with Egyptian National Railways worth a combined €690 million to modernise two strategic rail corridors in Egypt. Alstom’s share of the total is approximately €300 million, with the 6th of October–Alexandria corridor valued at €550 million and the Belbes–10th of Ramadan line at around €140 million. The projects will introduce ETCS Level 1 signalling, upgraded telecommunications, reinforced power supply, and comprehensive civil and track rehabilitation, cutting travel time on the 6th of October–Alexandria route by nearly 80 minutes. The consortium includes Rowad Modern Engineering and Concrete Plus, which will handle technical buildings, MEP works, and civil and track upgrades, while achieving around 50 percent local content. The contracts support Egypt Vision 2030 by strengthening freight links between dry ports, industrial zones, and major seaports.