French train maker Alstom is considering a capital increase and is seeking asset sales worth up to 1 billion euros ($1.09 billion) to bolster its balance sheet, sending its shares down 15%.

Alstom’s problems are piling up. When divulging last month’s warning on cash flow – which prompted shares to slump 35% – France’s 4 billion euro train group said a capital increase to ...

September 2, 2024 – Alstom, global leader in smart and sustainable mobility, announces today that it has closed the sale of its North American conventional signalling business to Knorr-Bremse AG ...

Alstom plans to cut its net debt by 2 billion euros ($2.2 billion) by March 2025. As of Sept. 30, it had a net debt of 3.43 billion euros. The group added it would propose that no dividend be paid ...

Stocks with market capitalization between $2B and $10B, such as Alstom SA (EPA:ALO) with a size of €8.5b, do not attract as much attention from the investing community as do the small-caps and ...

(Reuters) -French train maker Alstom is considering a capital increase and is seeking asset sales worth up to 1 billion euros ($1.09 billion) to bolster its balance sheet, sending its shares down 15%.