Arriva posts significant revenue and EBITDA growth

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Arriva has published a review of its performance in the 12 months to December 31, 2013.

Group revenue stood at €4,180m, a 12.5% increase on the €3,715m in 2012. EBITDA improved by 9.9% to £467m.

David Martin, Arriva CEO, 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.”

Arriva highlighted the growth and expansion it undertook in 2013. This included the acquisition of Abellio’s operations in the Czech Republic, following the earlier acquisition of Veolia Transport Central Europe, further contract wins in Poland and Slovenia, 16 contracts for non-emergency patient transport with the NHS, the appointment of 80 new apprentices and the filing of a GNER application to introduce high speed ‘Pendolino’ rail services between London and Edinburgh by 2016. The group said it has made a capital investment of €750m across the group over the last two years.