PARIS, March 25, 2013 /PRNewswire/ --
Keolis consolidates its leadership position and reinforces its range of expertise
In 2012, Keolis confirmed its leadership position in France and expanded into a thirteenth country, India, where it won a contract in Hyderabad, the country's 6th most populated city. The future network will add 71km to the driverless metro networks that the Group already operates in France. This new contract confirmed Keolis' leadership in operating automatic metro systems.
During the year, the Group also boosted its operations in Northern Europe, by taking a 100% stake in its Dutch subsidiary Syntus, by acquiring two school transport companies in Belgium, and by winning new contracts in Sweden.
World leader in light rail operations especially through the Melbourne network - the biggest in the world - in 2012 Keolis launched several tram services in France.
A 12% revenue increase
Keolis Group's 2012 revenue reached nearly 5 billion euros, up 12.1% on 2011. Organic growth was 7.7%.
The Group's profitability (Ebitda) reached 287 million euros, up 4.8%. This increase was particularly affected by the profitability of the TransPennine contract in the United Kingdom, which has been extended with reduced margins.
Without TransPennine, the Group's profitability was up 11.7% (+8.1% excluding changes in exchange rates and perimeter).
Control over debt and a good performance in terms of cash flow allow Keolis to pursue its development.
Outlook for 2013
Keolis has reorganised its activities into six platforms of development (France, Continental Europe, United Kingdom, North America, Australia/New Zealand, new territories (China, Brazil, India, Middle East)) and intends to grow in these regions either through tenders or acquisitions.
Early 2013, the Keolis Group, via its American subsidiary Keolis Transit America, won two new contracts: one is to operate part of the bus network in Las Vegas and the second one is a para transit contract in Fresno, California.
The Group has also opened offices in China, at Wuhan, where it will be managing the intermodal hub of the new airport terminal when it opens in 2015.
Keolis wants to confirm its position among the worldwide leading players of the public transport sector and has set a revenue target (excluding acquisitions) of 7 billion euros in 2017.
About Keolis
The Keolis Group develops tailor-made mobility solutions to suit individual local requirements. The Keolis Group is a market leader in France and a major player on the public transport spectrum in Europe and worldwide. Established in 13 countries, the Group generated revenue of nearly 5 billion euros in 2012 and employs 53,000 people.
Contacts:
Keolis
Segolene Deeley
International Communications
+33-(0)1-7118-0146
segolene.deeley@keolis.com
