National Express wins €1bn German rail contract
Mobico Group
52.85p
16:40 26/04/24
0.00%
0.00p
National Express Group said Its German business had won a €1bn contract to operate the RE1 and RE11 Rhein-Ruhr-Express (RRX) train lines to 2033.
FTSE 250
19,824.16
16:59 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
Travel & Leisure
7,572.38
16:59 26/04/24
0.26%
19.48
The company took over the operation of the two lines in February 2022 through an emergency contract award.
National Express now operates all three asset light RRX lots under long term contracts, the company said on Monday.
Reporting by Frank Prenesti for Sharecast.com