‘Year of growth’ for Arriva

Arriva has achieved what it describes as ‘another year of delivery and growth’, according to a review of its performance in the 12 months to 31 December 2013. During that period, it had revenue of £4,180m (2012: £3,715m), a 12.5% rise. Its EBITDA rose 9.9%, amounting to £467m (2013: £425m). Arriva UK Bus launched its new Arriva Bus App for iPhones and Android smartphones over those 12 months, having accrued over 100,000 downloads to date.

Arriva CEO, David Martin, said, ‘As expected, I am very pleased to report another strong year of growth for Arriva, underpinned by the development of our market leading positions in Central and Eastern Europe, a relentless focus on our customers and major advances in innovative technology. We are investing heavily in our businesses and our people and we are seeing the results in continued robust revenue and EBITDA growth. Our growth journey is set to continue. Our strong track record of delivery and customer service means we are well positioned to take advantage of the significant opportunities emerging in passenger transport markets across Europe. We have already demonstrated our ability to create real value for tendering authorities in those markets. We will continue to work as a strategic partner to help shape transport networks and provide customer centric solutions that meet the evolving needs of travelling passengers.’