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Alstom Targets Average Annual Growth Rate In Sales Around 5% - Quick Facts

Alstom (AOMFF.PK,ALS.L) said the company targets adjusted EBIT margin to reach around 9% in 2022/23. By 2022/23, the company projects the conversion from net income to free cash flow to be above 80%. Over the period 2019/20 - 2022/23, Alstom projects its sales to have an average annual growth rate around 5%.

Also, Alstom announced its new strategic plan, AiM - "Alstom in Motion", focused on a sustained growth, green and digital innovation, operational efficiency, and a responsible corporate culture.

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