Alstom Unsp/Adr (ALSMY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.655 -- 00:00:05.920 Hello and welcome to Alstom's first quarter fiscal year 2025-26 00:00:05.920 -- 00:00:07.621 orders 00:00:07.621 -- 00:00:13.647 and sales call. My name is Saskia and I will be your coordinator for today's event. 00:00:13.647 -- 00:00:18.851 Please note that this conference is being recorded and for the duration of the call, 00:00:18.851 -- 00:00:22.254 your lines will be on listen only. However, 00:00:22.254 -- 00:00:26.839 you will have the opportunity to ask questions at the end of the call. 00:00:26.839 -- 00:00:31.902 This can be done by pressing star one on your telephone keypad to register your 00:00:31.902 -- 00:00:33.625 question. 00:00:33.625 -- 00:00:38.892 If you require assistance at any point, please press star zero and you will be connected 00:00:38.892 -- 00:00:44.721 to an operator. I will now hand you over to your host, Bernard Delpitte, 00:00:44.721 -- 00:00:50.329 Executive VP and Chief Financial Officer. Please go ahead, sir. 00:00:50.329 -- 00:00:55.496 Good morning. Thank you and welcome to this conference call to 00:00:55.496 -- 00:00:59.752 discuss orders and sales for the first quarter. 00:00:59.752 -- 00:01:05.560 Starting with order intake on slide 3, we recorded 4.1 00:01:05.560 -- 00:01:10.588 billion euros of orders in the first quarter, up 12% 00:01:10.588 -- 00:01:16.877 compared to the same period last year. Book-to-bill was 0.9 00:01:16.877 -- 00:01:19.360 for the quarter. Considering 00:01:19.360 -- 00:01:20.803 adverse 00:01:20.803 -- 00:01:25.832 FX movements, This brings backlog to 92 billion euros 00:01:25.832 -- 00:01:30.939 at the end of June, down from 95 at the 00:01:30.939 -- 00:01:33.199 end of March. 00:01:33.242 -- 00:01:38.590 From a regional perspective, Europe is again 00:01:38.590...