The Traderszone Network

Published in TZ Latest News 19 July, 2015 by The TZ Newswire Staff

Alstom first quarter transport sales and orders beat expectations

Alstom (ALSO.PA), which is selling its power equipment business to General Electric Co (GE.N), posted first-quarter sales and order intake in its remaining transport segment that beat expectations and confirmed its medium-term growth target. Alstom Chief Executive Patrick Kron said “the project with General Electric is moving ahead”, with the process for competition and regulatory authorizations ongoing.