Alstom (EuronextALO) are forecasting a gradual improvement in its operating margin and more than 5 per cent annual sales growth over the next three years as orders are expected to remain “sound”.

Reuters reports that Alstom posted a 58 per cent rise in full-year net income to 732 million euros ($962.77 million), while orders rose 14 percent to $28bn.

“Developing countries continue to offer opportunities in all sectors, whilst mature markets, although still globally slow, should show positive signs in some segments, such as offshore wind and high-tech transmission businesses,” Alstom said in a statement.

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