2022 Financial results

In an economic context marked by the energy crisis in Europe and high inflation, Transdev recorded sustained growth in its business in 2022 and posted net income of €20 million. Its revenues grew by 10%, marked in particular by strong commercial development.

Current operating result (COR) was €87 million, despite the strong impact of rising energy costs (diesel, natural gas, electricity), mainly in Europe, which had a negative impact of €82 million for the year (net of indexation mechanisms and public support measures). This impact was partly offset by operational improvements. Net result (Group share) was €20 million for the year.

Net financial debt totaled at €1.134 billion (€226 million excluding IFRS16 “Leases”) continues to decline, down €81 million this year, and down 39% since 2019.

Read more about our 2022 Financial Results.