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.
Emil Sedlařík
Spokesperson of Leo Express
Contact for media
Emil Sedlařík, phone: +420 773 740 512, e-mail: [email protected]
Leo Express is a private transport operator that has been providing rail and bus passenger services in Central Europe since 2012. In the Czech Republic, it primarily operates on the commercial route Prague – Olomouc – Ostrava, with selected train services continuing to Prešov in Slovakia or Kraków in Poland. The network is complemented by bus connections to Ukraine, which link with train services. Since December 2019, Leo Express has also operated regional trains in the Pardubice region in the Czech Republic, and in December 2023, the company took over regional rail services on the busiest Slovak line, Bratislava – Komárno. The company already has experience in the German market, where it operated train services between Berlin and Stuttgart from 2017 to 2020. For 2026, new connections are planned from Prague via Olomouc to Bratislava, from Kraków to Warsaw, as well as from Przemyśl via Kraków and Prague to Frankfurt and Frankfurt Airport. Together with its main shareholder, the Spanish state railways Renfe, it plans strong growth in Europe in the coming years, both in commercial routes and in public service obligations.
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