Go-Ahead Group PLC Go-Ahead awarded Outer Dublin bus contract (6345N)
10 August 2017 - 8:30PM
UK Regulatory
TIDMGOG
RNS Number : 6345N
Go-Ahead Group PLC
10 August 2017
The Go-Ahead Group plc 4 Matthew
Parker Street, London, SW1H 9NP
Telephone 020 7799 8999
PRESS RELEASE
10 August 2017
THE GO-AHEAD GROUP PLC
("GO-AHEAD" OR "THE GROUP")
Go-Ahead awarded Outer Dublin Metropolitan Area bus contract
The Go-Ahead Group is pleased to have been chosen by Ireland's
National Transport Authority (NTA) to operate bus services in the
Outer Dublin area.
The contract, which is the first open tender process run by the
NTA, comprises 24 routes, 125 buses and around 350 drivers.
Similar to the structure of Go-Ahead's bus contracts in London
and Singapore, the contract will run for five years, from late
2018, with a possible two year extension.
Go-Ahead Chief Executive, David Brown, said:
"We are pleased to have the opportunity to work in partnership
with the National Transport Authority to deliver a vital service to
people living and working in and around Dublin.
"Ireland's economic growth and planned public transport
investments offer an exciting opportunity for us as we execute our
strategy of targeted expansion into new markets.
"Drawing on expertise in employee engagement and customer
experience gained in cities like London and Singapore, we will
provide a service that links communities and takes care of people's
journeys."
ENDS
For further information, please contact:
The Go-Ahead Group
Holly Gillis, Head of Investor Relations 020 7799 8984
Citigate Dewe Rogerson
Angharad Couch/ Eleni Menikou/Toby Moore 020 7638 9571
GO-AHEAD
Go-Ahead is a leading UK public transport operator, providing
high quality services in the bus and rail sectors. Employing around
29,000 people across the country, over one billion passenger
journeys are undertaken on our services each year. We are committed
to operating our companies in a safe, socially and environmentally
responsible way and are proud to have been accredited with triple
Carbon Trust Standard for reductions in carbon, water and waste. In
addition to the travelling public, our customers include the
Department for Transport, Transport for London (TfL) and local
authorities.
BUS
Go-Ahead is one of the UK's largest bus operators. With a fleet
of around 5,200 buses, we carry over two million passengers every
day. Our operations are focused on high density commuter markets.
We have a strong presence in London, with around 24 per cent market
share, where we provide regulated services for TfL. Outside London,
we operate services in Oxford, East Anglia, the South East,
Southern and north east England. In September 2016, the Group began
operating a bus contract in Singapore, on behalf of the Land
Transport Authority.
RAIL
The rail operation, Govia, is 65 per cent owned by Go-Ahead and
35 per cent by Keolis. It is the largest rail operation in the UK,
responsible for over 30 per cent of all UK passenger rail journeys
through its rail franchises: GTR (Govia Thameslink Railway)
Southeastern and London Midland.
Disclaimer
Certain statements included in this press release contain
forward-looking information concerning the Group's strategy,
operations, financial performance or condition, outlook, growth
opportunities or circumstances in the sectors or markets in which
the Group operates. By their nature, forward-looking statements
involve uncertainty because they depend of future circumstances,
and relate to events, not all of which are within the Group's
control or can be produced by the Group. Although the Group
believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such
expectations will prove to have been correct. Nothing in this press
release should be construed as a profit forecast and no part of
these results constitutes, or shall be taken to constitute, an
invitation or inducement to invest in The Go-Ahead Group plc or any
other entity, and must not be relied upon in any way in connection
with any investment decision. Except as required by law, the Group
undertakes no obligation to update any forward looking
statement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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