Alstom's profit surpasses expectations
Article Abstract:
Alstom SA posted profits that were higher-than-expected for its first complete year as an independent entity. Alstom also said that it was planning to sell off some noncore operations. The company's energy, rail, shipping, and contracting equipment saw greater demand on markets around the world. Alstom posted 303 million euros ($321.6 million) in group net profits for the year ending in April 1999.
Comment:
Posts profits that were higher-than-expected for first complete year as independent entity
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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France confirms plans to bail out Alstom
Article Abstract:
The government of France acknowledged that it is bailing out Alstom S.A. The government bailout will be one of the largest in European history.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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