RATP Group reports results
RATP Group has announced its financial results for 12 months to 30 June 2016. Group consolidated revenue amounted to €2,797m/£2359.89m at 30 June 2016, a slight contraction of 1% compared to 30 June 2015. Revenue generated by subsidiaries (including RATP Dev) amounted to €578m/£487.67m, a 1.6% increase, despite an adverse exchange rate effect. Subsidiaries now account for 20.7% of group revenue. RATP Dev subsidiaries in the UK include: Bath Bus Company, Yellow Buses in Bournemouth, London Sovereign, London United, Selwyns Travel and The Original London Sightseeing Tour. It also operates the Manchester Metrolink tram.