Core Points - SNCF Voyageurs has approved an order for 30 new-generation Avelia Horizon very high-speed trains for approximately €1.4 billion, with options for 20 additional trains, scheduled for delivery in 2031 [1][10] - The Avelia Horizon trains will operate under the Eurostar brand across five countries, including Germany, Belgium, France, the Netherlands, and the UK, marking the first use of a double-deck high-speed train through the Channel Tunnel [2][10] - Alstom's Avelia Horizon trains are designed for international very high-speed traffic, emphasizing technological performance, energy efficiency, and passenger comfort [3][5] Train Specifications - The Avelia Horizon can reach speeds over 300 km/h and has a capacity of over 1,000 passengers, featuring nine articulated double-deck cars and two compact power cars [6][8] - The new train consumes 20% less energy than its predecessor due to advanced aerodynamic design and optimized traction [6] - Maintenance costs have been reduced by 30% compared to the previous generation, with predictive maintenance integrated into the design [7] Production and Employment - Alstom is investing €150 million to increase production capacity at ten of its French sites to meet growing demand for the Avelia trains [10] - The Avelia Horizon program involves collaboration across ten national sites in France, showcasing the country's rail expertise [9] Market Presence - Alstom's Avelia range includes trains with maximum speeds between 200 km/h and 350 km/h, with over 1,000 Avelia trains operating in 25 countries [12]

FY 2024/25 results: Book-to-bill ratio at 1.1 and organic sales up 6.6%1 aEBIT2 of €1,177 million, up 18%, i.e. margin of 6.4% aNet profit2 at €498 millionFree Cash Flow2 at €502 million FY 2025/26 outlook Group and Rolling stock book-to-bill ratio above 1 Sales organic growth between 3% to 5%aEBIT margin around 7%Free Cash Flow within a €200 to €400 million rangePronounced seasonality driving Free cash-flow consumption of up to €(1.0) billion in H1 Confirmed 3-year cumulative Free-cash-flow of at least ...