Alstom, which was among the biggest declines of the past year, has recovered 15% since the start of 2024… Last October, the group took investors by surprise by explaining that its cash generation over the financial year would be “lower to expectations”… In question, the stocks built up to meet orders, the delay in delivery of a program in the United Kingdom, the drop in advances received… Enough to push the title towards 10 euros. Since the start of the year, certain investors have taken advantage of the opportunity to gradually get back into the business.
(Boursier.com) — Paradoxically, Alstom published half-year results for 2023/2024 which highlighted an increase in the operating margin to 5.2% compared to 4.9%. Over the long term, rail transport offers solid prospects given the need to decarbonize economies… Those who believed like us that the market had gone too far have seen the 2KKNB call warrant rebound by some 20% since the end of December . Always good to take!
Price on the date of the advice: €0.36
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