Paris, France, Nov 2, 2026 (AFP) - French train maker Alstom slashes profit targets over delivery delays

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2026-11-02

Alstom warned Monday that further "execution issues" for its new Coradia Max trains and other projects would hammer its profitability this year as the company races to get its operations back on track. It was the second warning since April, when Martin Sion took over as chief executive, that profits would not meet targets due to production problems. The fresh delays sent Alstom shares down more than 25 percent on the Paris stock exchange, bringin......

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