RATP Group committed to future investment despite revenue fall

RATP Group reported a 2 per cent fall in revenue to €5,448million in 2016 and a fall in profit from €547million to €374million, which it puts down to the impact on tourism of recent terrorist attacks.

Under its Bus 2025 plan, RATP is continuing to invest in new technologies and alongside the full-electric operation of line 341, it is running trials of vehicles from Bluebus, Solaris, Irizar, Dietrich Carebus-Yutong, BYD and Heuliez Bus. Currently the group runs 659 hybrid vehicles, 140 bio-NGV and 55 electric buses.

RATP Dev also continued to expand in 2016, in particular in France with the launch of contracts in Epernay and Laon. Revenue from the region rose compared to 2015 despite the difficult economic situation. RATP Dev also won the contract in Vannes, and had its contracts renewed in the Paris region for Flexcité 95 and Stile and in La Roche-sur-Yon and is bidding for the tender in Caen.

In Italy, the operating contract for the bus fleet in Tuscany, which was won in 2015, is still being disputed by the incumbent operators, according to RATP. The Tuscany regional authorities have just re-designated RATP Dev subsidiary Autolinee Toscane, the provisional successful bidder for the contract. The Italian Council of State is due to consider the matter this month.