Alstom Shares Plunge Over 30% After Profit Warning, Delivery Delays

Shares of train manufacturer Alstom plummeted over 30% after the company withdrew its cash flow guidance and announced a profit downgrade. The significant drop is attributed to ongoing delivery delays impacting its financial outlook.

17 Apr, 08:23 — 17 Apr, 08:23

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FTVery High114d ago

Shares in world’s second-biggest train maker plunge on profit downgrade

Alstom cites slow progress on some projects and scraps free cash flow target

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First report: le-figaro · 17 Apr, 07:34|Full coverage: 3 · 5h|Window: 5h

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le-figaro17 Apr, 07:34First to report

Plombé par ses retards de livraison, Alstom plonge de plus de 30% à la Bourse de Paris

FT17 Apr, 08:23

Shares in world’s second-biggest train maker plunge on profit downgrade

4h later

seeking-alpha17 Apr, 12:45Latest update

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Alstom Shares Plunge Over 30% After Profit Warning, Delivery Delays

Sources

Shares in world’s second-biggest train maker plunge on profit downgrade

Coverage Timeline

Plombé par ses retards de livraison, Alstom plonge de plus de 30% à la Bourse de Paris

Shares in world’s second-biggest train maker plunge on profit downgrade

Alstom plunges 30% after pulling cash flow guidance

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