Leo Express transported 1,8 million passengers in 2018. Turnover of group has increased to 800 million CZK
PRAGUE, 30. 1. 2019 – Based on preliminary and non-audited numbers, Leo Express has increased revenues for 2018 by more than 120 % and has reached 800 million CZK (EUR 31 mil). Growth was caused by increased number of connections in Germany, Czech Republic and new connections to Polish Cracow, where Leo Express started its first connection to Polish Cracow in summer 2018. In total, the group carried 1,8 million passengers. For 2019, the group is targeting 1 billion CZK (EUR 40mil) in turnover and launch of its first PSO services in Pardubice and Zlin regions in the Czech Republic.
“We are pleased that an increasing number of customers share our vision of ecologically sustainable mobility. Our trains and buses were used by 1,8 million passengers last year. Following our success in long-distance commercial services, we are now successfully entering the regional PSO market in the Czech Republic. Our long-term vision remains to become a leading European mobility provider with strong bias towards sustainable and affordable quality rail services,“ said Peter Köhler, CEO of Leo Express.
The growth in turnover was driven by an increase in operations in Germany, Czech and Poland, both in terms of rail and bus services. In the Czech Republic, Leo Express also runs a successful car sharing service HoppyGo together with Skoda Auto DigiLab, which offers now services in most cities of the Czech Republic. Peter Köhler adds: „Public mass transport rail services need to be complemented with the public last-mile solutions. This is why modern mobility needs both rail and road based transportation.“
In the Czech Republic, Leo Express is a leading player in the private transportation market and managed to increase its number of customers despite a recent rail accident limiting available capacity.
At the end of 2018, the company managed to secure contracts for public service obligations in the Pardubice and in the Zlín regions. The operations will begin in December 2019 a will offer the high standard of Leo Express services such as modern rolling stock, air conditioning or free Wi-Fi connection.
Spokesperson of Leo Express
Contact for media
Emil Sedlařík, phone: +420 773 740 512, E-mail: [email protected]
Leo Express is a private multimodal transportation company, which has been carrying passenger on main railway routes in Czech Republic and Slovakia since 2012 in its own modern electric trainsets. The carrier also has a network of bus and minibus connections linked to railway lines in the Czech Republic, Slovakia, Poland, Austria, Germany, Poland, Ukraine and Hungary. In year 2017 it started operations in Germany between Berlin and Stuttgart becoming the first Czech passenger railway undertaking operating outside Czech and Slovak Republic. In 2018, it started operation of new international rail passenger services between Prague and Krakow.
Leo Express also offers Door 2 Door transportation. In 2016 company announced purchase of rolling stock from the biggest rail manufacturer CRRC. In 2017, the company founded the peer-to-peer carsharing company SmileCar, which merged with HoppyGo from June 2018 to become a more significant carsharing provider. Leo Express CEO is Peter Köhler, founder of the company is Leoš Novotný. More about Leo Express at www.leoexpress.com.