Alstom (AOMFF.PK, ALS.L) reported first-half net income (Group share) at 563 million euros compared to 177 million euros, prior year. The company noted that the net income (Group share) included an exceptional net income from discontinued operations of 245 million euros, for the quarter. Net profit from continuing operations to equity holders of the parent increased to 318 million euros from 169 million euros, prior year. Adjusted EBIT was 285 million euros corresponding to 7.1% margin in first half 2018/19, compared to 180 million euros corresponding 5.4% margin the previous year. The company said the improvement was driven by a significant volume increase and on-going initiatives for operational excellence, while portfolio mix remained stable.
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