Alstom SA (XTER:AOMD)
€ 17.605 -1.12 (-5.98%) Market Cap: 7.33 Bil Enterprise Value: 11.01 Bil PE Ratio: 0 PB Ratio: 0.85 GF Score: 75/100

Full Year 2024 Alstom SA Earnings Call Transcript

May 08, 2024 / 06:30AM GMT
Release Date Price: €16.11 (+9.14%)
Operator

Hello, and welcome to the Alstom full year 2023 24 annual results call. My name is Saskia, and I will be your coordinator for today's event. (Operator Instructions) I would now hand you over to Henri Poupart-Lafarge, CEO, and sir now LPCFO. to begin today's conference. Please go ahead.

Henri Poupart;Lafarge
Alstom SA - Chairman of the Board, Chief Executive Officer, President of the Executive Committee

Good morning, everyone. Welcome to Alstom full year results for the fiscal year 2023-'24. I will start by a few highlights and then Bernard Delpit will walk you through the full year results. Then I will go through our trajectory and guidance before taking our questions.

So let's start with the key figures. Starting with financial performance. Orders and sales came a bit better than we expected with a strong finish of the year. Adjusted EBIT was close to EUR1 billion, up 17% year on year. This represents a 5.7% margin in line with our guidance. Free cash flow of negative EUR557 million came up on the upper part of the range announced

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