Alstom Sa · EURONEXT:ALO
Alstom Sa — Q1 2023/24 Earnings Presentation
13 slides from Alstom Sa's earnings presentation, Jul 25, 2023
Slide 1: 1st Quarter Fiscal Year 2023/24
1st Quarter Fiscal Year 2023/24 25 July 2023
Slide 2: Disclaimer
Disclaimer ● This presentation contains forward-looking statements which are based on current plans and forecasts of Alstom’s management. Such forward-looking statements are relevant to the current scope of activity and are by their nature subject to a number of important risks and uncertainty facto
Slide 3: Order intake marked by Systems orders. Market dynamic confirmed
Order intake marked by Systems orders. Market dynamic confirmed ORDERS 3 months 2023/24 (€bn) -31% 3.9 3.9 Signalling 0.5 1.2 APAC 1.5 Systems Americas 0.8 5.6 3.9 Services 0.6 1.9 Europe 1.4 Rolling stock Q1 2022/23 Q1 2023/24 Q1 2023/24 Q1 2023/24 ● Systems in South-East Asia and Europe ● Backlog
Slide 4: Main orders of Q1 2023/24
Main orders of Q1 2023/24: €3.9bn OF ORDERS BOOKED IN Q1 2023/24 €0.7 bn €1.0 bn €0.4 bn SEPTA (URBAN LIGHT RAIL - USA) NSCR (TURNKEY - Phillipines) CLUJ METRO (METRO SYSTEM- Romania) Book to bill above 1 confirmed for FY 2023/24 © ALSTOM SA 2023. All rights reserved. Information contained in this d
Slide 5: Alstom business geared for ramp-up
Alstom business geared for ramp-up SALES 3 months 2023/24 (in €m) Q1 2023/24 SALES SPLIT BY PRODUCT LINES +4.3% ROLLING STOCK: €2,294m (+5% vs Q1 2022/23) Sound level of execution during the quarter, notably Europe, (2.2)% Brazil and Kazakhstan (1.1)% + 7.6% SERVICES: €956m (+5% vs Q1 2022/23) Good
Slide 6: Climate roadmap – SBTi validation of our new commitments
Climate roadmap – SBTi validation of our new commitments - 40% by 2030/312 - 42% per passenger.km - 35% per ton.km by 2030/312 Off-site Generation - 40% by 2030/312 ● SBTi has approved Alstom’s carbon ● Signature of a VPPA1 for a solar plant with emissions reduction targets as being an expected capa
Slide 7: Financial trajectory
Financial trajectory ● Book to bill above 1 ● CAGR1 on Sales above 5% Mid-term targets FY 2023/24 To be reached in FY 2025/26 ● aEBIT ~6% ● aEBIT 8 -10% ● FCF significantly positive ● FCF > 80% conversion2 The Group has based its FY 2023/24 outlook on a central inflation scenario reflecting a consen
Slide 8: Contacts & Agenda
Contacts & Agenda CONTACTS AGENDA 15 November 2023 Martin VAUJOUR 2023/24 Half-Year Results VP Investor Relations Estelle MATURELL ANDINO Deputy Head Investor Relations investor.relations@alstomgroup.com © ALSTOM SA 2023. All rights reserved. Information contained in this document is indicative only
Slide 9: Financial Calendar – Where to meet us in 2023?
Financial Calendar – Where to meet us in 2023 ? September 7 CEOs unplugged – Morgan Stanley London, UK September 12 Autumn conference – Kepler Cheuvreux Paris, FRANCE September 15 Quo Vadis Industrial Tour Conference - UBS Virtual September 20 Sustainability Summit – Norges, T. Rowe Price & Fidelity
Slide 10: Appendix
APPENDIX © ALSTOM SA 2023. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstan
Slide 11: Appendix - Non-GAAP financial indicators definitions (1/2)
Appendix - Non-GAAP financial indicators definitions (1/2) This section presents financial indicators used by the Group that are not defined by accounting standard setters. • Orders received A new order is recognised as an order received only when the contract creates enforceable obligations between
Slide 12: Appendix - Non-GAAP financial indicators definitions (2/2)
Appendix - Non-GAAP financial indicators definitions (2/2) ● EBIT before PPA Following the Bombardier Transportation acquisition and with effect from the fiscal year 2021/22 condensed consolidated financial statements, Alstom decided to introduce the “EBIT before PPA” indicator aimed at restating it
Slide 13: www.alstom.com
www.alstom.com www.alstom.com