Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

National Express Group PLC Wins Contract in Germany


Thursday, 7 Feb 2013 02:00am EST 

National Express Group PLC (National Express) announced that it has been selected to run two 15 year regional commuter rail contracts in Germany. Three German local authorities confirmed last night (6th February) that they intended to award the two contracts which serve cities including Cologne and Bonn in Germany's region, North Rhine-Westphalia, to National Express. The contracts are for a regional express service between Rheine-Munster-Cologne-Krefeld and a Bonn-Cologne-Wuppertal stopping service. The services are currently run by Deutsche Bahn and carry around 18 million passengers per year. National Express will start operating the 15 year contract in December 2015, after first procuring 36 new electric trains on behalf of the local authorities. The contracts will generate revenues of around €1.6 billion for the 15 years as a whole. 

Company Quote

262.3
2.4 +0.92%
11:35am EDT