See also: Alstom Transport is expected to embark on the path of growth
Five years crucial to pursue the internationalization of the tram manufacturer, subway and train others. But not only the new CEO plans to diversify the maximum income group, which reached € 5.9 billion in 2015, ceasing to base most of its revenue on hardware alone, to participate in the consolidation expected industry. The future of Alstom in four key points.
The manufacturer achieves more than two thirds of its business in Europe, today too to deal with market fluctuations. To meet this challenge, it must continue its development outside of its natural bases (Europe, USA) and accelerate in Africa, Asia and South America, areas that are currently introducing in urban transport.
the group said in a statement, the “ambition to become in 2020 a number one or two market on every continent” . The manufacturer plans to invest 300 million euros over the next three years in emerging countries. “This globalization must lead us to grow faster than the market we are targeting average growth of our turnover of 5% per year by 2020″ provides the Echos Henri Poupart Lafarge.
in Europe, specifically in France, the manufacturer will adapt its industrial facilities to meet a currently sluggish demand or declining. “The Reichshoffen site in Alsace will for example lower pace after the summer, and we’re going to separate us from a number of temporary workers. The adaptation is done regularly, and we fight, in parallel, to have visibility “, says the leader.
Most of the value added in the transport is most in the production of trains or metros, but also in the sale of entire systems including signaling, safety and maintenance. Henri Poupart-Lafarge, “this is a growing business, with more recurrent and higher margins. They must represent 60% of our revenue in 2020, against 47% during our 2014-2015. “
In order to guarantee its independence, Alstom will have to improve its operating margin. 5% in 2015, Alstom is 7% in 2020. With this, the group hopes to participate as a predator, not prey to the upcoming consolidation of the rail industry. “It will be ready to seize the opportunities that will inevitably arise due to market mechanical evolution” , ensures Henri Poupart-Lafarge.
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