Alstom Announces Strong Financial Performance Leading to Positive Free Cash Flow

Fourth-quarter 2023 results

Alstom today announced its results for the fourth quarter and full-year 2023. The company reported strong financial performance, with revenue increasing by 12% to €16.1 billion and adjusted EBITA increasing by 17% to €1.3 billion. Net income also increased by 17% to €820 million.

Free cash flow generation

Alstom's free cash flow generation was particularly strong, with €557 million in the fourth quarter and €562 million for the full year. This was driven by the company's strong operational performance and its focus on cash management.

Alstom's strong financial performance is a testament to the company's successful execution of its strategic plan. The company is well-positioned to continue to grow and create value for its shareholders in the years to come.