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Alstom CEO Announces Departure Amid Strong Annual Results

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Alstom SA ( (FR:ALO) ) has provided an announcement.

Alstom’s CEO, Henri Poupart-Lafarge, has decided not to seek a fourth term, prompting the Board of Directors to initiate a search for his successor to ensure a smooth leadership transition. The announcement follows the release of strong annual results, highlighting Poupart-Lafarge’s effective management, and he will remain in his role until a new CEO is appointed.

The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR16.00 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.

More about Alstom SA

Alstom is a global leader in sustainable transportation solutions, offering a wide range of products including high-speed trains, metros, monorails, trams, and digital mobility services. With operations in 63 countries and a workforce of over 86,000 people, the company focuses on innovative mobility solutions, generating sales of €18.5 billion for the fiscal year ending March 2025.

Average Trading Volume: 1,727,200

Technical Sentiment Signal: Sell

Current Market Cap: €8.66B

See more data about ALO stock on TipRanks’ Stock Analysis page.

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