Alstom SA

ALO: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Alstom Profit Warning: Project Losses and Cash Burn Undermine the Recovery

Loredana Muharremi

Nov 2, 2026

Alstom cut its fiscal 2026/27 adjusted EBIT margin guidance to around 1% from 6.5% and now expects EUR 1.5 billion in cash outflow, versus positive cash flow previously. Shares fell around 27%.

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Alstom SA

Alstom Profit Warning: Project Losses and Cash Burn Undermine the Recovery

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