Q1 2021 Alstom SA Corporate Sales Call Transcript

Jul 16, 2020 / 06:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Alstom conference call. Today's call is being recorded.

I now hand over to Laurent Martinez. Sir, please go ahead.

Laurent Martinez - Alstom SA - CFO & Senior VP of Finance

So good morning, everyone. Welcome to our conference call on order and sales for our first quarter of our fiscal 2021.

Let's move directly to the market outlook, which is a critical part, of course, of our background. As we have all seen mobility as a whole has been severely impacted, of course, as a result of the confinement measures all over the world, and we experienced, as we have all seen, therefore, a significant drop in rail ridership during the peak crisis phase. However, since then, we have seen a normalization in trains operation and more progressively than passenger ridership.

Train operations are now moving almost to the pre-COVID level in Europe and China, and the passenger traffic is as well increasing steadily in Europe and Asia as well more progressively in North America. Of course, this crisis

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