Between 1 April 2016 and 31 March 2017, Alstom booked EUR 10 billion of orders leading to a new record-breaking backlog of EUR 34.8 billion. Over the same period, sales were up 6%, amounting to EUR 7.3 billion. The adjusted EBIT increased to EUR 421 million, 15% above last year, leading to an adjusted EBIT margin of 5.8%. Net income (Group share) reached EUR 289 million.
During fiscal year 2016/17, free cash flow amounted to EUR 182 million. Net debt remained stable at EUR 208 million on 31 March 2017. Equity amounted to EUR 3.7 billion at 31 March 2017.
At its next Shareholders’ Meeting planned in July 2017, Alstom will propose a dividend of EUR 0.25 per share.
“During 2016/17, Alstom has continued to implement its 2020 strategy. With EUR 10 billion orders for the third year in a row, Alstom has now reached leadership positions on all continents. We are particularly proud to have been awarded the first contract for high speed trains in the USA. Alstom’s unique integration capability and its operational excellence have enabled a solid delivery of its record backlog. A particular focus has also been put on innovation with the launch of the first hydrogen train as well as a number of digital solutions that meet new customer needs and passenger expectations. In that context, Alstom proposes to resume the distribution of dividends and confirms its 2020 targets,” Henri Poupart-Lafarge, Alstom Chairman said.
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