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Alstom faces securities fraud probe after missing financial targets and withdrawing cash flow guidance

Market News
07 May 2026
PRNewsWire
Bearish
pluang ai news

Alstom S.A. announced weaker-than-expected preliminary results for fiscal year ending March 31, 2026, including slower progress on major projects, a 6% adjusted EBIT margin, and free cash flow of €330 million. The company withdrew its €1.5 billion free cash flow guidance and lowered its adjusted EBIT margin target, causing its stock price to drop sharply. Pomerantz LLP is investigating whether Alstom and its executives engaged in securities fraud or unlawful practices, potentially impacting investors who suffered losses from the stock decline. Investors are advised to contact Pomerantz LLP for more information on joining a class action lawsuit.

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