New Alstom CEO unhappy with company’s performance

Alstom share price drops by 28% after announcement of preliminary results for 2025-26 financial year.

Martin Sion, CEO of Alstom. Photo: Alstom

MARTIN Sion, who succeeded Henri Poupart-Lafarge as Alstom CEO, on April 1, says that despite achieving a strong order intake and meeting its cash objectives for the 2025-26 financial year, the company’s profitability has fallen short of expectations leading it to revise its short-term financial outlook.