Exclusive extracts from this 26-page-long report:
- Who is the player?
Alstom was created in 1928 through the merger of Société alsacienne de constructions mécaniques and Thomson Houston. The original name Als-Thom (a combination of Alsace and Thomson) was subsequently shortened to Alstom. [...]
- What are the player's strategies?
At a time when cities are seeing unprecedented growth across the world, demand for urban transport solutions is rising rapidly. Alstom has taken a comprehensive approach to this challenge, not only designing new trains that have flexible configurations (e.g. catenary/non-catenary; variable seat layouts, number of train modules, train width; etc.) and employ energy efficient technology to reduce environmental impacts (e.g. Citadis X05 redesign, Hesop reversible substation, etc.), but also looking at innovative network monitoring solutions. […]
- What are the player's strengths and weaknesses?
A world leading rail pure player with backing from the French government
A network of joint ventures around the world that localise production in client markets […]
Continued reliance on the mature European market, which accounted for half of revenues (49.5%) in 2017; France alone was responsible for a quarter of European sales.
In spite of the importance placed on R&D, its R&D spend remains relatively modest (CRRC's spend is seven times higher) […]
- What is the player's financial position?
The financial indicators included in the report include: Consolidated net revenues, Consolidated operating income and margin, Consolidated net profit and margin, R&D expenses and ratio, Sales by segment, Sales performance by segment, Profitability ratios, Liquidity ratios, Solvency ratios and Free cash flow and capital expenditure.