September 25, 2016 7:16 AM ET

Electrical Equipment

Company Overview of Alstom Deutschland AG

Company Overview

Alstom Deutschland AG provides products and services for power generation applications. The company offers hydro products and services such as generators, turbines, mini hydro plants, control systems, hydro-mechanical equipment, radial gates, technology centers, and hydro services. It also provides gas, nuclear, and steam products, which include gas turbines, steam turbines, turbo generators, electrical BOP, boilers, environmental products, heat exchangers, electrical equipment, and rental power products. The company was incorporated in 2000 and is based in Mannheim, Germany. Alstom Deutschland AG operates as a subsidiary of Alstom SA.

Boveristrasse 22

Mannheim,  68309

Germany

Founded in 2000

Phone:

49 621 329 0

Fax:

49 621 329 2660

Key Executives for Alstom Deutschland AG

Chairman of The Board and Chief Executive Officer
Age: 47
President and Director
Age: 63
President of Power Service Sector
Executive Vice President
Age: 60
Executive Vice President
Age: 71
Compensation as of Fiscal Year 2016.

Alstom Deutschland AG Key Developments

Alstom Deutschland AG Reports Earnings Results for the Full Year ended of March 31, 2016

Alstom Deutschland AG reported earnings results for the full year ended of March 31, 2016. For the period, the company’s sales were up 12% amounting to €6.9 billion. The adjusted EBIT increased to €366 million, 23% above last year, leading to an adjusted EBIT margin of 5.3%. Net income reached €3.0 billion. The net debt decreased to €0.2 billion on March 31, 2016 compared to €3.1 billion on March 31, 2015.

Alstom Deutschland AG Announces Management Changes

Alstom Deutschland AG announced that Mr. Patrick Kron presented his resignation from his duties as Chairman of the Board and Chief Executive Officer of Alstom. The Board of Directors accepted his resignation effective February 1, 2016 and decided to entrust such duties to Mr. Henri Poupart-Lafarge, currently Director and Executive Vice President of Alstom.

Jakubas Reportedly Mulling Sale of Newag Shares

Polish billionaire Zbigniew Jakubas is said to be negotiating sale of a large stake in Newag Spólka Akcyjna (WSE:NWG). Jakubas currently holds a 40% stake of Newag and rumour has it that he wants to raise means to increase his stockholding of telecom giant Netia. To that end, he considers selling Newag shares or merging the based firm with Pesa. The former option seems more likely, as Pesa does not appear to be interested in a capital alliance with its Polish competitor. Newag performed very well in 2014 and has a full backlog for this year, which makes the present an ideal moment for selling the company, daily Puls Biznesu comments, adding that potential bidders include: Alstom Deutschland AG, Bombardier Inc. (TSX:BBD.B), Siemens Aktiengesellschaft (DB:SIE), SKODA TRANSPORTATION a.s. and Stadler Rail AG. Consulting firm Trigon assists the secretive negotiations. Meanwhile, stock investors estimate that Newag is worth about PLN 1 billion at the moment.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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