Tram, bus, train: Keolis, a subsidiary of SNCF, will seek international growth
DECRYPTION - Arriving in March at the head of the SNCF subsidiary, Frédéric Van Heems wants to restore the profitability of the company, by being more selective during calls for tenders.
Canada, the United States, the United Arab Emirates... Keolis may well be a subsidiary of SNCF, but the group which operates public transport networks (buses, trams, trains, etc.) generates a little less than half of its turnover (7.1 billion euros in 2025) outside France. It plans to continue to develop internationally. This is one of the axes of the “Embark 2030” strategic plan presented by its new boss, Frédéric Van Heems, six months after his arrival at the head of the group.
This veteran of Veolia is banking in particular on the consolidation of the market in Great Britain, the United States and Australia. “Many operators are held there by investment funds which rotate their portfolio. Many will soon be for sale,” he says.
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- Le Figaro20 Oct, 16:48
| Publisher Le Figaro (established tier) | +76 |
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