(News Bulletin 247) – Oddo BHF reaffirms its ‘outperformance’ opinion and its price target of 32.1 euros on Alstom, reacting favorably to the announcement on Friday evening of the appointment of Bernard Delpit as new Chief Financial Officer (CFO ) starting June 30.

“We believe that the profile makes a lot of sense for Alstom”, he judges, highlighting his very experienced profile, his experience of the industry and in particular of major contracts, as well as his experience in the banking world, according to him an asset.

Welcoming also the appointment of Helen Bradley as new HRD, the design office points to the publication of the 2022/23 results scheduled in two days and thinks that ‘the challenge will lie in the 2023/24 guidance and in the means objectives term’.

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