Issy-les-Moulineaux, March 13, 2025 – Transdev’s 2024 annual results are of historical proportions:
Strong increase of results vs the previous year, and for the first time in its history, Group sales topped the €10 billion mark, with EBITDA up 10% year-on-year reaching €655 million. Current operating result (COR) rose sharply by 31% to €222 million.
These results are combined with significant commercial successes that enable Transdev to continue to grow in all its geographies [see also pages 3 & 4 for more information].
Transdev increased its operating capital expenditure (CAPEX) to €633 million, in particular for the energy transition of its vehicles, while slightly reducing its debt.
Transdev has been awarded its first long-term issuer rating Baa2, with a stable outlook, by Moody’s, the independent financial analysis and rating agency.
In 2024, more than 95% of Transdev’s business was carried out with, and for, public authorities: supporting the daily lives of local residents in every region of the world is at the heart of the Group’s strategy.
To deliver the right service at the right place, Transdev relies on 105,000 women and men, 70% of whom are drivers. In 2024, the Group recruited nearly 30,000 employees worldwide, including 9,000 in France alone.
Last December, following a competitive process, Caisse des Dépôts and Rethmann Group decided to enter into exclusive negotiations with a view to the latter’s acquisition of an additional 32% stake in the company. This transaction would rebalance the shareholdings of Transdev’s two historical shareholders.
Reinforcing Rethmann Group’s stake in Transdev, alongside Caisse des Dépôts, would be a tremendous opportunity, as the long-term commitment and stability it would bring would be key factors for success.
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