Alstom Unsp/Adr (ALSMY) Q3 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.097 Hello, and welcome to Alstom third quarter orders and sales for fiscal year 2025 and 00:00:05.097 -- 00:00:07.097 2026. 00:00:08.260 -- 00:00:11.965 My name is George, and I'll be your coordinator for today's event. 00:00:11.965 -- 00:00:16.009 Please note, this conference is being recorded, and for the duration of the call, your 00:00:16.009 -- 00:00:19.293 lines will be in the listen-only mode. 00:00:19.293 -- 00:00:22.757 However, you have the opportunity to ask questions toward the end of the presentation, 00:00:22.757 -- 00:00:28.972 and this can be done by pressing star 1 on your double G pad to register your question. 00:00:28.972 -- 00:00:33.878 If you require assistance at any point, please press star zero and you will be connected 00:00:33.878 -- 00:00:35.760 to an operator. 00:00:35.760 -- 00:00:38.664 And I'd like to call over to your host today, Mr. 00:00:38.664 -- 00:00:43.089 Bernard Delpy, Executive Vice President and CFO. 00:00:43.089 -- 00:00:45.452 Please go ahead, sir. 00:00:45.452 -- 00:00:50.418 Good evening, everyone. Thanks for joining the group's orders and sales update for the 00:00:50.418 -- 00:00:54.741 third quarter of this fiscal year, 2526. 00:00:55.724 -- 00:00:59.617 Let's start with the orders on slide three. 00:00:59.617 -- 00:01:04.904 Alstom recorded 20 billion euros of orders in the first 00:01:04.904 -- 00:01:09.169 nine months. The book-to-bill ratio was 1.4, 00:01:09.169 -- 00:01:14.456 accelerating to 2 in the third quarter. As a result, the backlog 00:01:14.456 -- 00:01:15.878 reached 00:01:15.878 -- 00:01:20.584 100.3 billion euros up from 96 00:01:20.584 -- 00:01:23.245 at the end of September. 00:01:23.267 -- 00:01:27.893 Some color by region and product lines. The Americas 00:01:27.893...