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| Alstom reports very strong quarter France-based heavy engineering company Alstom received orders for €7.6 billion in the first quarter of the current fiscal year, an increase of 62% versus the first quarter of fiscal year 2006/07. Over the same period, sales reached €4.0 billion, up 27%. Orders received for the first quarter of fiscal year 2007/08 included the €2.1 billion contract for 80 very high-speed trains in France, leading to a 148% increase in orders for Transport. During the quarter, Power Systems continued to register sound order growth (+27% versus the same period last year), including several gas power plant projects. Orders in Power Service increased by 19%, as a result of booking numerous small-sized contracts. The total backlog, up to €35.9 billion, represents around 29 months of sales on 30 June 2007. Sales for the first quarter of fiscal year 2007/08 were strong, up 27% compared with the same period of the previous year. They increased by 40% in Power Systems and by 23% in Power Service versus the first quarter of fiscal year 2006/07, while sales in Transport were up 15%. write your comments about the article :: © 2007 Construction News :: home page |