Alstom’s Next Shock May Be a Deeper Overhaul as Cash Pressure Meets New Train Orders
Alstom will report annual results May 13 as CEO Martin Sion faces pressure over persistent delivery delays and cash flow problems, despite record orders of 27.6 billion euros. Shares closed Monday at 17.22 euros, down over 31% this year. The Belfort site is building trains for Velvet, a new SNCF rival. Sion has promised immediate actions and deeper changes to address missed targets.