Alstom and Siemens: Financial Reports Highlight Growth and Stability in Green Initiatives

Alstom and Siemens have released financial reports, showcasing stability through service contracts and green initiatives. This was reported by the railway transport news portal Railway Supply.

Alstom and Siemens have released their financial reports, demonstrating stability through service contracts and green projects. Their reports cover different periods: Alstom’s is for the first half of fiscal 2024/25, while Siemens’ report covers the last fiscal quarter of 2024, ending September 30.

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Alstom, during the period from April 1 to September 30, 2024, secured orders worth €10.9 billion, boosting its order book to €94.4 billion. This figure grew by 29.6% compared to the same period last year, highlighting the company’s successful strategy and a return to margins achieved before the Bombardier merger.

Alstom increased sales by 3.9%, reaching €8.77 billion, with rolling stock sales up by 2% to €4.53 billion. Maintenance services sales grew by 11%, totaling €2.2 billion. Signaling systems added 3%, reaching €1.25 billion, while turnkey systems sales earned the company €800 million, a 7% increase compared to the first half of 2023/24.

Stability and Growth in Orders for Alstom and Siemens

Most of Alstom’s orders (78%, or €8.5 billion) came from Europe, growing by 63% compared to the same period last year. The second-largest regional market was the Asia-Pacific, with orders totaling €1 billion, although they decreased by 41%.

Alstom and Siemens: Supporting Green Initiatives in Their Reports

Siemens Mobility completed its fiscal year (October 1 – September 30) with a 23% drop in orders to €15.8 billion. However, large contracts in the U.S. for rolling stock maintenance (€0.8 billion) and for upgrading Germany’s railway infrastructure (€0.4 billion) supported growth in the last quarter.

Both companies emphasized the importance of service contracts as a stabilizing factor. Alstom highlighted green initiatives as a driver of demand for rail equipment, underscoring the strategic importance of sustainable solutions.

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