Sales between April 1 2018 and March 31 2019 reached €8.1bn, a 10% year-on-year increase. Europe accounted for 60% of sales, followed by Americas (18%), Asia-Pacific (12%), and Middle East-North Africa (10%). Rolling stock accounted for 43% of sales, followed by systems (22%), services (19%), and signalling (16%).
Adjusted Ebit climbed 44% to €570m, providing an adjusted Ebit margin of 7.1%. Free cash flow reached €153m and equity stood at €4.2bn on March 31.
Alstom will propose a dividend of €5.50 per share at its next shareholder meeting on July 10.
“Alstom benefited from an exceptional commercial momentum this year with a record level of order intake at €12 billion,” says Alstom chairman and CEO, Mr Henri Poupart Lafarge. “The very strong sales growth and the further margin enhancement confirm the success of our 2020 strategy, which is now completed.”
Key rolling stock orders included a €2.7bn order from French National Railways (SNCF) for 100 next-generation TGVs, 106 driverless Metropolis metro trains for the Montreal REM network, 34 Coradia regional EMUs for Luxembourg Railways (CFL), 31 driverless trains for Mumbai metro Line 3, 38 Citadis LRVs for Frankfurt-am-Main and 30 Prima electric locomotives for Moroccan National Railways (ONCF).
Alstom invested €380m gross in research and development during the 2018-19 financial year, equivalent to 4.7% of sales.
The company currently employs 36,300 staff across 105 sites in 60 countries.