Alstom’s Derby-based business reported a significant drop in pre-tax profit to £21.9 million for the year ending 31 March 2025, down from £121 million the previous year. Revenue declined to £555.4 million from £672.8 million, reversing earlier growth trends.
Order intake fell to £164.4 million from £181.9 million, while dividend payouts were sharply reduced from £210 million to £30 million.
As a major supplier to the UK and Irish rail sectors, Alstom manufactures trains at several sites including Derby, Widnes, Crewe, Ilford, and Plymouth. The company is responsible for about 40% of the UK mainline train fleet and supplies complete fleets for London Underground and Dublin Luas. Key customers include Avanti West Coast and Greater Anglia.
The broader Alstom group recorded global sales of €18.5 billion and EBIT of €1.1 billion during the same period.
The financial results were affected by revised contract profitability assessments and changes to assumptions about the length of long-term maintenance contracts. Alstom noted that order volumes naturally vary year-on-year due to the size and duration of its contracts.
These results come after Alstom announced plans in March 2024 to launch its own passenger rail service in the UK.