Alstom Reports First-Half Adjusted EBIT Margin Loss of Around 4%
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06:55:04 AM UTC
SquawkNews
French train maker Alstom EURONEXT:ALO cut its full-year outlook again on Monday, after execution problems on its Coradia Max platform in Germany drove half-year profitability sharply lower and worsened cash flow.The group said its adjusted core profit margin was around -4% in the first half of the…