Connexxion turnover tops €1bn

Public transport group Connexxion said on Wednesday that its 2007 turnover was up almost 20% on the previous year to just over €1bn.

Connexxion, for two-thirds in the hands of French consortium Transdev/BNG, said it carried 4.5% more passengers last year.
The company, which has a workforce of over 14,000, operates buses, taxis, trams, ambulances, ferries and trains.
Connexxion said it expects government cutbacks and high petrol prices to have a ‘strong negative influence’ on this year’s earnings.

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