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Thursday, July 25, 2024

Strong half-year results for RATP

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The operators of Paris Métro, RATP, have reported revenues of € 2.62 billion in the first half of 2013.

As well as a 4.1 per cent rise in revenue on the same period last year, RATP has also announced record investment across the French capital of €596 million.

RATP president and chief executive Pierre Mongin described the results as “impressive”.

Group results rose by 27.5 per cent to €190 million, with RATP subsidiaries also experiencing higher revenue in the last six months, increasing by 22.5 per cent to €447 million.

Last month, a new tram network opened in the Chinese city of Shenyang – a system that RATP Dev and Transdev have a 49 per cent stake in.

RATP is also pursuing opportunities in Brazil, where it is part of consortium delivering Rio’s new tram system, and Ireland, where it is in the running to operate Dublin’s Luas light rail.

Other development include the opening of the RATP-operated Constantine light rail network in Algeria in July.

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