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.
2022 Financial results
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.
2022 Financial report
Download 2022 Financial reportKey figures 2022
Breakdown of 2022 revenue by location
The year 2022 was clearly a year of recovery for our group, despite an inflationary context and the energy crisis. Thanks to the dynamism of our teams, we were able to win new markets, particularly in metros, where our development ambitions remain strong. With the acquisition of First Transit, Transdev is changing dimensions in North America, in order to take full advantage of the growth in shared mobility and to accelerate the energy transition of our networks, in response to environmental challenges.
Thierry Mallet, Chairman and CEO of the Transdev Group
Our previous financial results
Statement of non-financial performance 2022