Alstom shares plunge on profit warning

Comment on this story

Paris - Shares in French engineering and power group Alstom plunged by nearly 13.0 percent in initial trading on Tuesday in reaction to a profits warning by the company.

The price of the shares was showing a fall of 12.88 percent to 24.18 euros.

Alstom had said a short time earlier that it would take longer than expected to achieve a promised increase in its operating margins. - Sapa-AFP

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines