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Présentation Powerpoint Alstom presentation September 2018 Disclaimer This presentation contains forward-looking statements which are based on current plans and forecasts of Alstom’s management. Such forward-looking statements are by their nature subject to a number of important risk and uncertainty factors (such as those described in the documents filed by Alstom with the French AMF) that could cause actual results to differ from the plans, objectives and expectations expressed in such forward-looking statements. These such forward-looking statements speak only as of the date on which they are made, and Alstom undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise. ALSTOM – September 2018 – P 2 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Agenda 1 Introduction 2 2020 strategy 3 Financial results 4 Outlook 5 Siemens Alstom project ALSTOM – September 2018 – P 3 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. FY 2017/18 results highlights Order intake of €7.2bn and backlog of €34.2bn Sales at €8bn with an outstanding growth of 9% (10% organically) Continued profitability improvement with an adjusted EBIT margin reaching 6.5% Positive free cash flow and sound balance sheet • Free cash flow of €128m • Net debt at €255m • Equity of €4.0bn Dividend of €0.35 per share, up 40% New outlook for 2018/19 and in medium term Siemens Alstom project progressing well ALSTOM – September 2018 – P 4 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Agenda 1 Introduction 2 2020 strategy 3 Financial results 4 Outlook 5 Siemens Alstom project ALSTOM – September 2018 – P 5 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. An ambitious strategy for 2020 OUR VALUES TEAM, TRUST & ACTION ETHICS & COMPLIANCE 1 CUSTOMER-FOCUSED ORGANISATION OUR ORGANIC 2 COMPLETE RANGE OF SOLUTIONS GROWTH VISION OUR BOOSTED PREFERRED 3 VALUE CREATION THROUGH INNOVATION STRATEGY BY PARTNER FOR SELECTIVE 4 OPERATIONAL AND ENVIRONMENTAL EXCELLENCE TRANSPORT ACQUISITIONS SOLUTIONS 5 DIVERSE AND ENTREPRENEURIAL PEOPLE OUR BRAND POSITIONING DESIGNING FLUIDITY ALSTOM – September 2018 – P 6 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Customer-focused organisation Commercial performance Orders (in € billion) Backlog (in € billion) 10.0 7.2 0,6 1,4 1,0 2,9 1,1 1,6 34,8 34,2 5,1 3,5 2016/17 2017/18 2016/17 2017/18 Europe Americas MEA Asia Pacific Backlog breakdown as end of March 2018 10.0 7.2 2,0 1,0 Systems 9% Asia Pacific Europe 1,5 2,2 14% 43% 1,3 Signalling 10% 0,5 Americas 5,5 15% 3,2 Services 32% Rolling stock 2016/17 2017/18 Middle East & Africa 49% 28% Rolling stock Systems Signalling Services ALSTOM – September 2018 – P 7 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Customer focused organisation Main FY 2017/18 orders Sweden: Trains maintenance France: Metro and regional trains Canada: Citadis Spirit LRV contracts Germany: Regional trains in Toronto and Ottawa, associated maintenance for Ottawa Italy: Regional trains, High-speed trains USA: Los Angeles LRV fleet and associated maintenance Vietnam: Hanoi metro system modernisation, traction system for New York metro Philippines: Manila metro system Senegal: Regional trains Singapore: driverless metro and South Africa: Suburban trains and signalling solution associated maintenance Contracts awarded in all regions ALSTOM – September 2018 – P 8 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Customer focused organisation Leader on all continents 34,500 employees working on 105 sites in 60 countries serving Rankings(1) 200 customers AMERICAS(2) #1 EUROPE EUROPE (3) Top 3 AMERICAS 21,100 EMPLOYEES MIDDLE EAST 5,100 ASIA PACIFIC MIDDLE EAST AFRICA Top 3 EMPLOYEES AFRICA 4,700 3,600 EMPLOYEES EMPLOYEES ASIA PACIFIC Top 3 Notes: (1) Based on last 3 years orders vs accessible market ; (2) Americas excluding freight market ; (3) Russia not included as market handled directly by TMH. Sources: Alstom ; UNIFE Market Study 2016 Objective to reach critical size in each region ALSTOM – September 2018 – P 9 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Complete range of solutions Towards more systems, signalling and services E-bus, tram, metro, suburban/regional, high speed, very high speed, locomotive 43% Components: traction, bogie, motor Maintenance Modernisation Spare parts, repairs & overhaul 19% Support services Signalling solutions portfolio for: main lines, urban, control and security Sold as products or solutions 17% Integrated solutions Infrastructure 21% Note: % of FY 2017/18 sales ALSTOM – September 2018 – P 10 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Complete range of solutions Outstanding organic sales growth of 10% Sales (in € billion) 7.3 8.0 c. 9% growth in Rolling Stock • Regional and high-speed trains in Europe 1,5 1,5 • Beginning of Amtrak project +9% 1,3 1,4 1,7 • Regional trains in Algeria 1,3 • On-going execution of PRASA project 3,2 3,5 c. 31% growth in Systems 2016/17 2017/18 • Progress on Middle-East urban systems Rolling stock Systems Signalling Services Slight increase in Services 7.3 8.0 • Contribution of UK contracts incl. overhaul activities on Pendolino trains 1,0 0,7 1,3 1,5 Slight decrease in Signalling 1,2 +9% 1,5 • Freight and mining adverse market environment 4,1 4.0 • Ramp down of some projects 2016/17 2017/18 Europe Americas MEA Asia Pacific ALSTOM – September 2018 – P 11 % change reported © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. Complete range of solutions Progress on urban systems projects in Middle-East Riyadh metro, Kingdom of Saudi Arabia Dubai 2020, United Arab Emirates ALSTOM – September 2018 – P 12 © ALSTOM 2018. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project.
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