National Express Group PLC Confirmation of Rhine-Ruhr Express rail contracts (5522R)
June 29 2015 - 10:28AM
UK Regulatory
TIDMNEX
RNS Number : 5522R
National Express Group PLC
29 June 2015
29 June 2015
National Express Group plc
Confirmation of award of Rhine-Ruhr Express rail contracts
National Express Group PLC ("National Express" or the "Group"),
is a leading international public transport group, operating bus,
coach, rail and tram services across the UK, continental Europe,
North Africa, North America and Bahrain.
National Express is pleased to announce that further to its
statement on 16 June 2015, the local transport authorities in North
Rhine-Westphalia have today confirmed the award of two contracts to
run Rhine-Ruhr Express (RRX) services.
These contracts are for two of the three RRX services which
operate between cities including Cologne, Dusseldorf and Dortmund,
in Germany's most populous region. The first of the contracts
starts in December 2018 and the second in December 2020. Both will
run until December 2033.
Together these two new contracts are expected to generate
revenues of around EUR1 billion over their lifetimes. National
Express' services will carry approximately 30 million passengers a
year.
Enquiries:
National Express Group PLC
Matt Ashley, Group Finance Director 0121 460 8655
Louise Richardson, Investor Relations
Manager 07767 603386
Maitland
Rebecca Mitchell 07951 057351
Andy Donald 07738 346460
This information is provided by RNS
The company news service from the London Stock Exchange
END
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