Q3 2023 Alstom SA Corporate Sales Call Transcript
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Please note this conference is being recorded. (Operator Instructions) I will now hand you over to your host, Bernard Delpit, CFO, to begin today's conference.
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Good morning, everyone, and last opportunity for me to wish you a Happy New Year. Welcome to Alstom's webcast dedicated to the third quarter of the fiscal year '23/'24. I'll start by sharing the key highlights for the periods orders and sales before giving an update on the company action plan presented in November.
Starting with the order intake, Slide 3. Order intake totaled EUR 5.5 billion in Q3 and now EUR 13.9 billion year-to-date. Commercial momentum in Q3 was good, particularly in Europe, Australia and in the Middle East. Services and systems continued to deliver a strong book-to-bill.
We also saw a good performance of small orders with order intakes above EUR 2 billion in the quarter, which is good for profit and cash. Small orders represents 17% of
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