Transdev 2024: Strong Financial Growth and Sustainability Initiatives
Key Ideas
- Transdev achieved a record-breaking €10 billion in sales in 2024, with EBITDA up 10% to €655 million and net income more than doubling to €43 million.
- The company invested heavily in its fleet's energy transition, spending €633 million, and successfully reduced net financial debt to €1.228 billion.
- Geographically, France and the United States were the top markets for Transdev, while sustainability efforts saw a significant decrease in greenhouse gas and nitrogen oxide emissions.
- In addition to financial success, Transdev expanded in rail operations, light rail, and metro services, securing contracts in France, Sweden, and Germany, showcasing continuous growth and development.
Transdev experienced a landmark year in 2024, surpassing €10 billion in sales for the first time. The company's financial performance was strong, with EBITDA reaching €655 million, a 10% increase from the previous year. Net income more than doubled to €43 million, and capital expenditure rose to €633 million, primarily to support the energy transition of its fleet. Despite the increased investments, Transdev managed to slightly reduce its net financial debt. Geographically, France and the United States were the leading markets for Transdev, with significant revenue contributions. The company's sustainability initiatives were highlighted by a decrease in greenhouse gas and nitrogen oxide emissions from its fleet, showcasing its commitment to environmental responsibility. In terms of operations, Transdev expanded its presence in rail, light rail, and metro services, securing contracts in various countries such as France, Sweden, and Germany. The company's Chairman and CEO, Thierry Mallet, expressed pride in the achievements of 2024, emphasizing the importance of local decision-making and global expertise in driving success. With a focus on sustainability and continuous growth in transportation services, Transdev aims to further enhance mobility solutions for the benefit of communities and the environment.
Topics
Public Transit
Innovation
Sustainability
Energy Transition
Transportation
Financial Results
Management
Rail Operations
Geographical Performance
Latest News