RATP revenue growth during 2017 in annual results

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Groupe RATP has released its annual results for 2017.

Group revenue amounted to €5.486bn 2017, an increase of 0.7% (1.2% excluding currency effects). Recurring EBIT increased by 19.8% to €448m.

The revenue contribution of RATP’s subsidiaries, excluding currency effects, remained stable in 2017 at 20.7%. Net debt levels contracted by €206m, with a gearing ratio of 1.13.

Catherine Guillouard, President and CEO of RATP, stated: “The significant improvement in 2017 results, in line with the trajectory of the 2025 Challenge strategic plan, strengthens the Group’s financial structure. It provides us with a solid basis to continue our ambitious investment policy in the Paris region. RATP Group is built on a model of profitable growth both in France and internationally and can contemplate its future with confidence and ambition.”