Last $3.27 USD
Change Today +0.0363 / 1.12%
Volume 2.5K
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As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

alstom sa-unspon adr (ALSMY) Key Developments

Alstom to Supply Integrated Tramway System to Transport for New South Wales

Alstom SA as a part of ALTRAC consortium, has won a contract to supply an integrated tramway system to Transport for New South Wales, or TfNSW. It includes the design, delivery and commissioning of 30 coupled Citadis X05 trams, power supply equipment, including APS -ground power supply- over two kilometres, signalling systems, the energy recovery system HESOP, depot equipment and maintenance. As part of the contract, ALTRAC consortium also takes over the operations and full maintenance of the existing Inner West Light Rail (IWLR) system which includes 12 trams and connects Sydney's inner west with Pyrmont, Darling Harbour and the southern CBD.

Alstom Wins Contracts to Supply Signalling and Infrastructure for Cairo Metro Line 3

Alstom has signed two contracts with Egypt`s National Authority for Tunnels to supply the signalling system and the infrastructure of the phase 4A of Cairo metro line 3, currently under construction. Alstom`s shares in these contracts are worth around EUR 80 million. Cairo`s metro carries 3 million passengers per day and this number should reach 5 million by 2020. Its network includes two fully operational lines and a third line, partially opened, whose construction is being carried out in different phases. Phase 4A of line 3, which covers 5.7 km and comprises 5 stations, will be completed in early 2018. For the phase 4A of Cairo metro line 3, Alstom will provide its Urbalis 200 signalling system as well as points machines and station signalling equipment. The company will also provide electromechanical equipment including power supply to feed the third rail, ventilation system and elevators/escalators. With this extension, the line will carry over 750,000 passengers per day in total safety.

Alstom SA Appoints Juan Forcada Arregui as Director of its Transport Site in Savigliano

Alstom SA has appointed Juan Forcada as director of Alstom Transport site in Savigliano. Among current projects, J. Forcada Arregui will be responsible for the delivery of Coradia Meridian regional trains (Jazz) to Trenitalia, the Italian railway operator, and for the production of 4 New Pendolino trains for SBB, the Swiss railway operator. J. Forcada Arregui will report to Pierre-Louis Bertina, Managing Director of Alstom Transport for Italy & Switzerland. Previously, J. Forcada Arregui was Director of Alstom's site in Santa Perpetua near Barcelona (Spain), which produces trams, metros, regional and high-speed trains. J. Forcada Arregui started his career in Spain in the automotive sector. J. Forcada Arregui joined Alstom in 2007.

Alstom Plans to Cut About Half the Workforce at Neuhausen Factory in Switzerland

Alstom plans to cut about half the workforce at its Neuhausen factory in Switzerland. The move comes about a month after Switzerland's central bank abandoned a cap on the franc against the euro, prompting export-reliant firms across the country to warn of a plunge in profits. Between 50 and 60 of the 109 jobs at the Neuhausen factory, which makes the wheels framework for trains, are to be cut over the next two years.

Alstom Wins Contract to Modernize Steam Turbine at Malarenergi Plant in Sweden

Alstom SA has won a contract to modernize an existing steam turbine at Malarenergi power plant in Vasteras, Sweden. Alstom will upgrade two of the steam turbine's three rotors to increase their technical service life and adapt the turbine for the flow of steam from Malarenergi's biomass boiler, which runs on 100% biofuel. The work will commence immediately to ensure that the steam turbine is ready for operation ahead of the heating season in autumn 2015. The delivery project will be managed by Alstom Power in Norrkoping.

 

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ALSMY

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Valuation ALSMY Industry Range
Price/Earnings 17.0x
Price/Sales 0.4x
Price/Book 1.5x
Price/Cash Flow 18.6x
TEV/Sales 0.1x
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