Alstom Q1 FY 2026/27 sales rise 4.9% to €4.734 billion as orders fall 37%

Rolling stock, services and signalling supported first-quarter growth, while new orders fell to €2.56 billion; Alstom also highlighted operational progress including TGV-M homologation.

Summary

Alstom reported first-quarter fiscal 2026/27 sales of €4.734 billion, up 4.9%, driven by rolling stock, services and signalling. New orders fell 37% to €2.56 billion during the period. The company said it made major operational progress, including TGV-M homologation, indicating continued execution across key rail programs even as order intake weakened.

Terms & Concepts
  • TGV-M homologation: Regulatory approval process for Alstom’s new-generation TGV high-speed train, allowing it to enter service once required certifications are completed.