(BFM Stock Exchange) – The action of the rail supplier jumped this Tuesday, June 24 on the Stock Exchange, carried by a conjunction of factors. The title is supported by the revival of appetite for the risk which propels cyclical values ​​as well as by several commercial successes, with a contract of $ 2.3 billion awarded by the Authority of New York Public Transport.

Alstom is in the good stock market wagon this Tuesday, June 24. The rail equipment supplier wins 7.4% in the early afternoon, signing one of the strongest increases in the SBF 120.

According to an analyst, the leap in the title is caused by a set of factors. “First of all, there is the market rally on the cyclical values ​​linked to the situation in the Middle East with the conflict between Israel and Iran which seems to improve,” he explains.

During the night of Monday to Tuesday, US President Donald Trump said the two countries agreed with a ceasefire. Israel then accused Iran of having violated this agreement.

In addition, Iran has certainly attacked an American military base in Qatar in retaliation of the American bombing suffered this weekend. But the American media reported that Tehran had warned Qatar to minimize human damage. And this attack has not targeted energy infrastructure.

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Towards a big contracts in New York

Ultimately, the market has the feeling that a de-escalation is looming in the Middle East, which brings both the CAC 40 (+1.2%) and results in a sharp drop in oil prices.

Apart from this event which fuels the appetite for the risk in a global way, the previously mentioned analyst evokes two commercial successes recorded by Alstom in the past two days.

The designer of the TGV announced an order of 1.7 billion euros from SNCF travelers to provide 96 RER NG trains (for “new generation) for the RER D line which connects (in particular) Creil to Melun via Paris. This order follows the approval by the regional transport union Île-de-France Mobilités.

Beyond this order officially announced by the group, Alstom was retained by the New York Public Transport Authority (MTA) to provide 316 “M-9A” cars.

These wagons will run on suburban lines in the New York agglomeration. Awarded but not yet signed, this contract is estimated at $ 2.304 billion by the New York authority.

“We are delighted to learn that the MTA finance committee approved the purchase of M-9A cars for passenger transport and we are now waiting for the finalization of the process before making other comments,” reacted Alstom, interviewed by BFM Business.

Future catalysts

“This contract was not necessarily in the pipes and the group had not integrated it into its forecasts,” said the previously quoted anonymous analyst.

Alstom thus finds it from the stock market after suffering last month following the publication of its results for its entire financial year 2024-2025, closed last March.

The title had dropped by 17.3% on a session, penalized by disappointing objectives for the current financial year, in particular on the cash generation, the financial indicator of the company most monitored by the market.

In a note published on Monday, AlphaValue was optimistic about action. “We continue to consider Alstom as a convincing investment opportunity, with several catalysts likely to release value during the year,” wrote the independent design office.

“In our opinion, the global geopolitical climate – in particular the ongoing conflicts – will lead to an increase in investment in railway infrastructure, as has already been the case in Germany” and “investing in Alstom actions is the best way to play the theme of German infrastructure,” he adds.

“In addition, the appointment of a new managing director is expected soon, which could mark a new strategic phase for the company,” continues AlphaValue.

The current Managing Director, Henri-Poupart Lafarge, had said that he would pass the hand at the end of the General Assembly which will decide on the 2026-2027 accounts of the company, which refers to the summer of 2027.