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Alstom CEO Patrick Kron poses in front of the special V150 French TGV high-speed train after it set a world speed record at 574.8 km/hr.
Alstom CEO Patrick Kron poses in front of the special V150 French TGV high-speed train after it set a world speed record at 574.8 km/hr.
(CHARLES PLATIAU/REUTERS)

Financial Times

For Alstom, business booms, but revenue sags

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Smiley faces outnumbered glum ones in Alstom’s presentation of prospects for its varied businesses, from hydro projects to rail rolling stock, on Tuesday. Not on the stock market. There, Alstom shares dropped almost 10 per cent as the French group released full-year figures to end-March and revised its forecasts.