RATP’s ‘very sound’ results

RATP Group described its 2013 operating and financial results as ‘very sound’. The French transport provider, whose RATP Dev subsidiary owns bus operations in the UK, recorded consolidated revenue of £4.3bn/€5.143bn in the year, up 4.2% from 2012’s result of £4.1bn/€4.934bn. RATP Dev’s contribution to Group revenue amounted to £699.6m/€835m, up 16.6%, with its profitability […]

Scania rejects VW offer

Scania has rejected Volkswagen Aktiengesellschaft’s (VW) public takeover offer. The committee from the CV manufacturer’s board of directors claimed the offer did not reflect the long term fundamental value of Scania and a fair share of the expected synergy potential between the two firms. It recommends its shareholders do not tender their shares. VW announced […]

Volvo’s 2013 figures

After having what it described as the most extensive product renewal in its history in 2013, Volvo Group’s net sales declined 9% in the year to £25.8bn/SEK272.6bn (2012: £28.4m/SEK299.8bn). The company’s operating income amounted to £0.7bn/SEK7.9bn (2012: £1.9bnSEK19.6bn). Its product renewal package put pressures on its earnings, according to a statement on its figures. The […]


This site uses some unobtrusive cookies to store information on your computer, these are in place to ensure that you receive the best possible experience when using the Bus & Coach Buyer website.