ALSTOM SA: Statement following Bombardier Inc H1 publication
10 Agosto 2020 - 3:31AM
ALSTOM SA: Statement following Bombardier Inc H1 publication
Statement following Bombardier Inc H1
publication
10 August 2020
– Alstom has reviewed the information communicated to the market by
Bombardier Inc on August 6, 2020, particularly with regards to the
financial and operational performance of Bombardier
Transportation.
Alstom remains convinced of the strong strategic
rationale for the acquisition of Bombardier Transportation and is
confident in its ability to restore in the medium term the
profitability and commercial performance of the business.
However, the quarterly announcement points to
unexpected and negative developments regarding Bombardier
Transportation, which is currently facing challenges, especially
when compared to the information available prior to the February
17, 2020 announcement regarding Alstom’s intended acquisition of
Bombardier Transportation.
Alstom will take into account the consequences
of these operating and financial developments in forthcoming
discussions with Bombardier Inc, and will update the market as
required.
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About Alstom |
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Leading the way to greener and smarter mobility worldwide, Alstom
develops and markets integrated systems that provide the
sustainable foundations for the future of transportation. Alstom
offers a complete range of equipment and services, from high-speed
trains, metros, trams and e-buses to integrated systems, customised
services, infrastructure, signalling and digital mobility
solutions. Alstom recorded sales of €8.2 billion and booked orders
of €9.9 billion in the 2019/20 fiscal year. Headquartered in
France, Alstom is present in over 60 countries and employs 38,900
people. |
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Contacts |
Press: Samuel MILLER - Tel.: +33 (1) 57 06 67
74Samuel.miller@alstomgroup.com Coralie COLLET - Tel.: +33 (1) 57
06 18 81coralie.collet@alstomgroup.com Investor
relations:Julie MOREL - Tel.: +33 (6) 67 61 88
58Julie.morel@alstomgroup.comClaire LEPELLETIER – Tel.: +33
(6) 76 64 33 06claire.lepelletier@alstomgroup.com |
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- Alstom - Press Release of August 10 2020 English version
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