Try GOLD - Free
American-owned Arriva revenue hits £2.46bn
The Journal
|July 28, 2025
NORTH East transport giant Arriva saw total revenues reach €2.46bn in the year it was snapped up by new American owners, accounts show.
The Sunderland-based company one of the region's largest businesses was last year sold to I Squared Capital, a Miami-based group that invests in global infrastructure and has assets around the world, for a reported £1.4bn.
German national rail firm Deutsche Bahn AG announced in 2023 year that it had agreed a deal to sell the bus and train operator to the US group, but the deal didn't complete until June 2024, following approval from the Deutsche Bahn supervisory board and the German Federal Ministry for Digital and Transport.
Now accounts for the 2024 financial year have been released, showing how operating profit was €127m, while pretax profit was €156m.
The year also saw the firm make capital investments worth €285m. The accounts showed contract revenues, which mainly relate to amounts due from government bodies, was €1.76bn, while passenger revenue, from ticket sales, was €665m.
This story is from the July 28, 2025 edition of The Journal.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Journal
The Journal
Tuchel won't allow levels to fall short
THOMAS Tuchel loves that England's output and intensity has not dropped - despite ending the year with a pair of dead rubbers having already achieved World Cup qualification.
2 mins
November 15, 2025
The Journal
North East's Frosty's Fish and Chips up for award
THEY'RE known for taking top-tier fish and chips all over the region, and now a mobile North East chippy has made a top three of the best in the UK - and its recognition has put it firmly in the frame for a national title.
1 min
November 15, 2025
The Journal
It's a privilege getting older
Girls Aloud star Nicola Roberts opens up to LARA OWEN about loss and why she's done with the pursuit of youth
4 mins
November 15, 2025
The Journal
Assaults on special needs staff tops 200
GATESHEAD Council has recorded more than 200 cases of 'accidental or narrowly missed physical assaults' in schools in 2024-25.
1 min
November 15, 2025
The Journal
FREE £2 BET
Are you ready for a huge day of sport? We've teamed up with William Hill to offer you a £2 free bet.
1 min
November 15, 2025
The Journal
Hospitals await review two years after shock report
HOSPITAL bosses in Newcastle are awaiting the results of a fresh review, almost two years on from a highly critical report.
2 mins
November 15, 2025
The Journal
I love being an OLD stand-up
WRITER AND COMIC BEN ELTON TELLS HANNAH STEPHENSON ABOUT THE TRIUMPHS AND TORMENTS HE HAS EXPERIENCED THROUGHOUT HIS CAREER
4 mins
November 15, 2025
The Journal
IT'S A SUPER-N STAR
Honda has revealed its next chapter in the compact EV market with the Super-N Prototype.
1 min
November 15, 2025
The Journal
It pays to save if you plan to start a family
MONEY EXPERTS TELL LISA SALMON WHAT PARENTS-TO-BE NEED TO CONSIDER WHEN IT COMES TO THEIR FINANCES
3 mins
November 15, 2025
The Journal
GOOD MOOD FOOD
WHEN you turn on ITV's This Morning to watch Clodagh McKenna, she's fresh off doing a meditation behind the scenes - and probably a dance too.
3 mins
November 15, 2025
Listen
Translate
Change font size