8/106 sources · 5 publishersUpdated Oct 16, 06:03 UTC
Alstom wins 15‑year, £800 million maintenance contract extension with Greater Anglia
Alstom announced a 15‑year extension of its maintenance agreement with UK rail operator Greater Anglia. The contract is valued at £800 million and covers the upkeep of 133 Class 720 Aventra trainsets, securing roughly 100 jobs. Maintenance will be performed from the Seven Kings depot and the revenue will be recorded in Q3 of FY2026/27. The deal runs into the early 2040s.
Why it matters
The company says the contract will be recognised in its Q3 FY2026/27 results, adding to services revenue. The long‑term nature of the deal provides a stable cash flow stream for Alstom’s railway services segment.
Key facts
- 1Alstom secured a 15‑year contract extension with Greater Anglia valued at £800 million. tradingview.com
- 2The agreement covers maintenance of 133 Class 720 Aventra electric trainsets. tradingview.com
- 3The contract will secure around 100 jobs. marketscreener.com
- 4Maintenance activities will be carried out from the Seven Kings depot. vermoegenszentrum.ch
- 5Revenue from the contract will be recorded in Q3 of FY2026/27. tradingview.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.