Alstom SA

ALO: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	mcR	LOCK\|BC>v	LOCK\|bV&yX>y

Alstom Earnings: Strong Backlog Quality, Capital Increase Completed, and Upward Margin Outlook

Loredana Muharremi

Nov 14, 2024

Narrow-moat Alstom reported positive first-half results with improved backlog quality and completed its capital increase. We are leaving our fair value estimate unchanged.

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Alstom SA

Alstom Earnings: Strong Backlog Quality, Capital Increase Completed, and Upward Margin Outlook

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