Alstom: First €800 Million Order for Hanoi Metro with Vingroup
Alstom announced on October 19, 2026 the first financial translation of the agreement concluded with Vingroup for urban rail projects in Hanoi. This first tranche will be integrated into the order intake for the third quarter of the manufacturer's 2026-27 financial year.
Metropolis Trains Manufactured at Valenciennes Petite-Forêt
The order concerns the supply of Metropolis trains intended for urban rail projects in the Vietnamese capital. It is part of the agreement with Vingroup announced on October 6, 2026.
The trains will be designed and manufactured at Alstom's Valenciennes Petite-Forêt site in France. This agreement covered up to 83 metro cars manufactured in France, coupled with a technology license allowing Vingroup to assemble 117 additional cars in Vietnam.
An Amount of Approximately €800 Million
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The value of this first tranche is approximately €800 million. It will be recorded in the order intake for the third quarter of Alstom's 2026-27 financial year.
This first tranche will be recorded in the order intake for the third quarter of Alstom's 2026-27 financial year. For comparison, the group achieved revenue of €19.2 billion for the financial year ended March 31, 2026.
A Second Major Order in a Few Days
On October 16, 2026, Alstom announced the extension for 15 years of maintenance for Greater Anglia trains in the United Kingdom, for an amount of approximately 800 million pounds sterling, or €947 million. This contract must also be recorded in the order intake for the third quarter of the 2026-27 financial year.
SectorMachines et équipements industriels›Machines / équipements industriels
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Context
Period
Period: T1 2027
Key reported figures
Revenue: 4 734 millions d'euros
Quarterly revenue: 4 734 millions d'euros
Revenue growth: 4,9 %
Guidance from the release
Perspectives pour l'exercice fiscal 2026/27 confirmées ; Croissance organique du chiffre d'affaires d'environ 5 % ; Marge d'exploitation ajustée prévue à environ 6,5 %
Outlook / guidance
Expected revenue: 19 920 millions d'euros
Management commentary: Croissance organique du chiffre d'affaires d'environ 5 %
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