(Source: Bloomberg, May 4, 2017)
NEW YORK — Alstom SA full-year profit jumped as the French rail-equipment maker increased its focus on signalling and services to boost revenue. Adjusted earnings before interest and taxes climbed 15 percent to 421 million euros ($459 million) in the year through March, the Saint-Ouen-based company said in a statement on Thursday. That beat a 416 million-euros estimate of eight analysts compiled by Bloomberg. Alstom will propose a dividend of 0.25 euros per share to shareholders in July.
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