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Alstom FY 2023-24: Strong Free Cash Flow Generation

Free Cash Flow at €557 Million

Following Strong Performance in the First Half

Alstom reported strong free cash flow generation of €557 million in the first half of its 2023-24 fiscal year.

The company's free cash flow was driven by a number of factors, including strong operating performance, improved working capital management, and the sale of non-core assets. Alstom's revenue for the first half of the year was €7.6 billion, up 8% compared to the same period last year.

The company's order book also grew to €80.9 billion, up 12% compared to the same period last year. This growth was driven by strong demand for Alstom's products and services in all regions of the world.

Alstom's strong financial performance is expected to continue in the second half of the year. The company is well-positioned to benefit from the growing demand for sustainable transportation solutions, and it is confident in its ability to deliver long-term value for its shareholders.

**Conclusion**

Alstom's strong free cash flow generation in the first half of the year is a testament to the company's strong operating performance and financial discipline. The company is well-positioned to benefit from the growing demand for sustainable transportation solutions, and it is confident in its ability to deliver long-term value for its shareholders.

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