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Founded in 1928, Alstom is a world's leader in integrated transport systems. The French company offers a wide range of services from metros and high-speed trains, to e-buses and tramways. Alstom also provides passenger solutions and customised services, including maintenance and modernisation. It produces Appitrack, an automated track-laying solution that helps to install urban tracks 4 times faster than with traditional methods. Alstom is responsible for the maintenance of more than 8,000 cars in almost 100 warehouses in over 30 countries. Headquartered in France, the company is present in 60 countries and employs 32,800 specialists. Included to the CAC Next 20 index, the Alstom share price (ALO) is set and traded on the Euronext stock exchange.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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