Alstom announced sales results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported sales increased to €1.8 billion, up 6% (8% organically) compared to €1.7 billion a year ago.

For the period, the company reported sales amounted to €5.5 billion, up 6% (6% organically) a year ago.

The company provided earnings results guidance for the year 2020. The company expects sales should grow organically by 5% per year. Adjusted EBIT margin should reach around 7% by 2020 driven by volume, portfolio mix and results of operational excellence actions. The company expects c. 100% conversion from net income into free cash flow.