UK woes hit Alstom profits

By Railway Gazette International2002-06-01T10:00:00

Continuing problems with train deliveries in the UK during the financial year ended March 31 2002 slashed Alstom Transport’s operating profit to €101m, a reduction of 62% compared with the previous year. Operating margin fell from 6·0% to 2·3%. According to the company, ’the major negative impact on operating income ...

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