Troubled train giant Alstom issues new profit warning

What happened: Alstom issued a new profit warning and set out a plan to cut €2bn in debt. It is the second major profit warning under new chief Martin Sion. Key numbers: €2bn debt reduction target. Why it matters: The warning is the second major one under Martin Sion, signaling continued trouble at the French train group.

Alstom issued a new profit warning and set out a plan to cut €2bn in debt. It is the second major profit warning under new chief Martin Sion.

The warning is the second major one under Martin Sion, signaling continued trouble at the French train group.