The French industrial engineering firm is facing a tough takeover battle with reports that Siemens could put in a bid for the unit. Hollande urged GE to revise its $13.5 billion offer for Alstom's energy arm and said the current bid "is not good enough".
But Alstom's CEO confirmed the group had only received one bid from GE, adding that it was open to a rival offer, however.
"We have today one offer on the table, this is the offer, the binding offer provided by General Electric," Patrick Kron told CNBC in a TV interview.
"The board is studying it…Again, if there are new elements in these proposals, should it be an alternative offer, or precisions or improvements of existing ones, the board will consider it.
The comments come after the company scrapped its dividend on Wednesday and reported a 10 percent drop in orders for its full year ended March 31. Net income also dropped 28 percent to 556 million euros for the full year, while operating profit fell by 3 percent to 1.4 billion euros.
The French government has been pushing Siemens to put forward a rival offer for Alstom, but the German engineering giant's CEO Joe Kaeser said that a decision to make a deal would "not be forced on us". Kaeser said he had discussed the opportunities with German Chancellor Angela Merkel adding the company is "pretty cool" about the process.