Alstom secured long-term train services and refurbishment contracts worth about £330 million (€380 million) with ScotRail and Beacon Rail. The deal strengthens Alstom's services backlog and recurring revenue profile and is a modest positive for the company, though unlikely to be market-moving beyond the individual stock.
Alstom secured long-term train services and refurbishment contracts worth about £330 million (€380 million) with ScotRail and Beacon Rail. The deal strengthens Alstom's services backlog and recurring revenue profile and is a modest positive for the company, though unlikely to be market-moving beyond the individual stock.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
