French group Alstom posts higher FY profit, hikes dividend [Reuters]
ALSTOM UNSP/ADR (ALSMY)
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Source: Reuters
French group Alstom posts higher FY profit, hikes dividend - Reuters 1 Min Read PARIS (Reuters) - French transport infrastructure group Alstom, whose planned tie-up with Siemens’ rail arm was scrapped earlier this year, posted a stronger annual profit on Tuesday, boosted by orders and contracts. Alstom’s adjusted earnings before interest and tax (EBIT) surged 44 percent from a year earlier to 570 million euros ($639 million), while its sales rose 10 percent to 8.1 billion euros. Alstom also raised its dividend to 5.50 euros from 0.35 euros last year. Reporting by Sudip Kar-Gupta, Editing by Sherry Jacob-Phillips All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. French group Alstom posts higher FY profit, hikes dividend PARIS (Reuters) - French transport infrastructure group Alstom, whose planned tie-up with Siemens’ rail arm was scrapped earlier this year, posted a stronger annual profit on
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