On October 12, the credit rating agency Moody’s Investors Service confirmed Alstom’s issuer long-term rating at Baa3 but downgraded the credit outlook from “stable” to “negative.”, this is reported by the railway transport news portal, Railway Supply.

Alstom начал

Alstom stated that it expects the change in the credit forecast not to impact its ability to access short-term financing and fulfill contracts, reaffirming its commitment to maintaining an investment-grade rating.

The stock price of Alstom sharply declined after the publication of preliminary results for the first half of the 2023-24 fiscal year on October 4. The company reported a significant cash outflow of 1.15 billion euros, exceeding analysts’ expectations.

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