Alstom Sa · EURONEXT:ALO
Alstom Sa — 9M FY2024/25 Earnings Presentation
15 slides from Alstom Sa's earnings presentation, Jan 21, 2025
Slide 1: 9 Months Results Fiscal Year 2024/25
9 Months Results Fiscal Year 2024/25 21 January 2025 1
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: 9-months Services book-to-bill at 2 after strong Q3
9-months Services book-to-bill at 2 after strong Q3 ORDERS 9 months 2024/25 (in € billion) 15.2 15.2 +9.4% AMECA 0.7 15.2 1.3 APAC Signalling 2.6 13.9 Americas 2 0.6 Systems Services 6.3 7.3 3.6 4.3 11.2 Europe 5.7 Rolling stock 9 months 2023/24 9 months 2024/25 Q1 Q2 Q3 9 Months 2024/25 9 Months 20
Slide 4: Main orders of Q3 2024/25
Main orders of Q3 2024/25 €4.3 bn OF ORDERS BOOKED IN Q3 2024/25 SERVICES ROLLING STOCK €0.8 bn €0.5 bn €0.5 bn Regional Fleet Services (SERVICES - EUROPE) Metrolink (OPERATIONS & MAINT - US) RER NG (REGIONAL - France) SIGNALLING ● €0.8bn* 2 frame agreements in Europe €0.2 bn Denver Airport APM (OPE
Slide 5: Sustained organic sales growth driven by Services and Systems
Sustained organic sales growth driven by Services and Systems SALES evolution (in € million) 9 Months 2024/25 SALES SPLIT BY PRODUCT LINES +5.3% ROLLING STOCK: €6,969m (+3% over 9 months vs 2023/24, o/w +3% org) Ramp-up in Australia and consistent execution in France and Italy + 9.8% + 5.9% SERVICES
Slide 6: Q3 output at 1,098 cars; full-year production target 4,300 to 4,400 cars
Q3 output at 1,098 cars Full-year production target 4,300 to 4,400 cars Quantity of cars produced per quarter 4,300 - 4400 • High proportion of start-up projects in FY25 • 9 months output +5% YoY excluding 4,522 Derby 3,412 4,151 • Serial production impacted by supplier 3,101 delays during Q3 in Eur
Slide 7: FY 2024/25 outlook and mid-term ambitions confirmed
FY 2024/25 outlook and mid-term ambitions confirmed Assumptions Outlook for FY 2024/25 • Supportive market demand • FY 2024/25 • Book to bill above 1 downpayments consistent • Sales organic growth: around 5% with FY 2023/24 • aEBIT margin around 6.5 % • End of integration in FY 2024/25 • C ene tion
Slide 8: Q&A session
Q&A session © ALSTOM SA 2024. 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 circums
Slide 9: Contacts & Agenda
Contacts & Agenda CONTACTS AGENDA 13 May 2025 FY 2024/25 results 10 July 2025 Martin VAUJOUR General assembly VP Investor Relations 23 July 2025 Estelle MATURELL ANDINO First quarter FY 2025/26 Deputy Head Investor Relations orders and sales investor.relations@alstomgroup.com © ALSTOM SA 2025. All r
Slide 10: Appendix
Rai o S ® 2. Q <x if i HT abbandonata siti f ALSTOM
Slide 11: Sales - Reported vs Organic figures by quarter
Sales - Reported vs Organic figures by quarter FY 2023/24 FY 2024/25 Reported growth Q1 Q2 Q3 Q4 Q1 Q2 Q3 Rolling Stock 5.5% -0.7% -0.2% 11.4% 1.9% 1.1% 6.0% Services 5.2% 15.3% 2.3% 23.9% 12.2% 9.1% 6.5% Systems -16.0% 22.5% 12.0% 11.2% 4.5% 8.1% 47.5% Signalling 13.0% 3.6% 8.6% 10.8% 6.4% -5.3% -5
Slide 12: Appendix - Non-GAAP financial indicators definitions (1/3)
Appendix - Non-GAAP financial indicators definitions (1/3) 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 13: Appendix - Non-GAAP financial indicators definitions (2/3)
Appendix - Non-GAAP financial indicators definitions (2/3) ● 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 “EB T before PPA” indicator aimed at restating it
Slide 14: Appendix - Non-GAAP financial indicators definitions (3/3)
Appendix - Non-GAAP financial indicators definitions (3/3) ● Gross margin % on backlog Gross Margin % on backlog is a KPI that presents the expected performance level of firm contracts in backlog. It represents the difference between the sales not yet recognized and the cost of sales not yet incurre
Slide 15: www.alstom.com
www.alstom.com www.alstom.com www.alstom.com www.alstom.com 15