2025 ANNUAL RESULTS Transdev Group in 2025: Solid Growth, Enhanced Visibility, and Financial Strength Issy-les-Moulineaux, March 19, 2026 – Transdev Group’s 2025 annual results confirm the Group’s sustained commercial momentum across all its markets, following a year marked by rigorous execution, as illustrated by the following highlights: A 4% increase in Group revenue, which reached €10.44 billi...
2025 ANNUAL RESULTS Transdev Group in 2025: Solid Growth, Enhanced Visibility, and Financial Strength Issy-les-Moulineaux, March 19, 2026 – Transdev Group’s 2025 annual results confirm the Group’s sustained commercial momentum across all its markets, following a year marked by rigorous execution, as illustrated by the following highlights: A 4% increase in Group revenue, which reached €10.44 billion, and a 5% increase in adjusted EBITDA ( 1 ), reaching €691 million. ), reaching €691 million. Current operating result 2 (COR) rose to €244 million. (COR) rose to €244 million. Net income reached €96 million. A 9% increase in operating investments (CAPEX 3 ) to €691 million, notably to support the vehicle energy transition and service quality, with stable net financial debt. ) to €691 million, notably to support the vehicle energy transition and service quality, with stable net financial debt. Successful debt refinancing in the first half of 2025. Sustained commercial momentum, particularly in Europe and North America, confirming the Group’s growth trajectory, strengthening the visibility of its future revenues, and ensuring operational excellence across all its operations. A large number of regions are recording business growth, with commercial successes in many markets. A large part of the Group’s activity is carried out with and for public authorities. Supporting the daily lives of residents, across all territories and in the 19 countries where the Group operates public transport networks, is at the very core of its strategy. An average of 14 4 million passengers transported daily across all its networks. transported daily across all its networks. Two landmark network launches in France illustrating the Group’s focus on sustainable mobility and heavy transport modes: the Marseille–Nice rail line, the first regional line opened to competition in France, and the Cable C1, the first urban cable car in the Greater Paris region, and the longest in Europe. A stabilization o...
RÉSULTATS ANNUELS 2025 Groupe Transdev en 2025 : croissance solide, visibilité renforcée et robustesse financière Issy-les-Moulineaux, le 19 mars 2026 – Les résultats annuels 2025 du Groupe Transdev confirment la dynamique commerciale soutenue du Groupe sur tous ses marchés, au terme d’une année marquée par une exécution rigoureuse, illustrée par les éléments suivants : Une hausse de 4% du chiffre...
RÉSULTATS ANNUELS 2025 Groupe Transdev en 2025 : croissance solide, visibilité renforcée et robustesse financière Issy-les-Moulineaux, le 19 mars 2026 – Les résultats annuels 2025 du Groupe Transdev confirment la dynamique commerciale soutenue du Groupe sur tous ses marchés, au terme d’une année marquée par une exécution rigoureuse, illustrée par les éléments suivants : Une hausse de 4% du chiffre d’affaires du Groupe qui s’est établi à 10,44 milliards € et de son EBITDA 1 en croissance de 5%, pour atteindre 691 millions €. en croissance de 5%, pour atteindre 691 millions €. Un Résultat opérationnel courant 2 (ROC) en hausse à 244 millions €. (ROC) en hausse à 244 millions €. Un Résultat net qui atteint 96 millions €. Une augmentation de 9 % de ses investissements opérationnels (les CAPEX 3 ) pour atteindre 691 millions €, notamment au bénéfice de la transition énergétique des véhicules et de la qualité de service, avec un endettement financier net stable. ) pour atteindre 691 millions €, notamment au bénéfice de la transition énergétique des véhicules et de la qualité de service, avec un endettement financier net stable. Une dette refinancée avec succès sur le premier semestre 2025. Une dynamique commerciale soutenue, en particulier en Europe et en Amérique du Nord, confirmant la trajectoire de développement du Groupe, renforçant la visibilité de ses revenus futurs, et assurant l’excellence opérationnelle dans toutes ses opérations. Un grand nombre de géographies enregistrent une croissance de l’activité, avec des succès commerciaux dans de nombreux marchés. Une large part de l’activité du Groupe est menée avec et pour les collectivités publiques. Accompagner le quotidien des habitants, sur l’ensemble des territoires et dans les 19 pays où le Groupe exploite des réseaux de transport public, constitue le cœur même de sa stratégie. Chaque jour, ce sont en moyenne 14 4 millions de passagers qui empruntent ses réseaux. qui empruntent ses réseaux. Deux lancements de rés...
"We Can't Live Like This Anymore!" - Residents Demand Action As Migrant-Linked Violence Spirals In Rome Authored by Thomas Brooke via Remix News, Residents in Rome’s San Lorenzo district are sounding the alarm over a surge in violence they say is increasingly driven by homeless migrants, after another brutal street attack left a man hospitalized and renewed calls for urgent security measures. The ...
"We Can't Live Like This Anymore!" - Residents Demand Action As Migrant-Linked Violence Spirals In Rome Authored by Thomas Brooke via Remix News, Residents in Rome’s San Lorenzo district are sounding the alarm over a surge in violence they say is increasingly driven by homeless migrants, after another brutal street attack left a man hospitalized and renewed calls for urgent security measures. The latest incident unfolded in Piazza di Porta San Lorenzo, where a 30-year-old Gambian man allegedly slashed a Moroccan man with a broken bottle in the middle of the street, striking his neck and face and leaving him collapsed on the ground. The victim was rushed to Umberto I Hospital, where he remains in serious condition, while police used footage captured at the scene to quickly identify and arrest the suspect after he fled. For many locals, however, the attack is just the latest in a growing pattern. Residents say the area has become dominated by groups of vagrants, often intoxicated or under the influence of drugs, who regularly fight among themselves but also target passersby at random. “The problem is that they don’t just fight among themselves, they also attack us residents. Men, women, and even children,” Sofia, a waitress who lives near Piazza dei Caduti, told Il Messaggero . According to the Italian newspaper, a neighborhood assembly has now been called in response, with residents describing a situation that has become “unsustainable.” Katia Pace, head of the local committee organizing the meeting, said violence has escalated sharply in recent weeks. “Cases have increased visibly in the last two months. Just a few days ago, two women were beaten and robbed,” she said. Despite stepped-up patrols and recent police operations that led to multiple arrests in nearby districts, residents say the response falls short of what is needed to restore order. “It’s not enough,” said Maria, another concerned resident. “We can’t live like this anymore.” Scenes of disorder that are...
WTI crude oil has surged 50% in a single month, hitting $100 a barrel more than once, and settling at $99 per barrel as of the time of this writing. The 2026 conflict with Iran has injected a massive geopolitical risk premium into energy markets. Strait of Hormuz disruption fears are real, and upstream producers are getting whipsawed by volatility. But four midstream pipeline partnerships sit in a...
WTI crude oil has surged 50% in a single month, hitting $100 a barrel more than once, and settling at $99 per barrel as of the time of this writing. The 2026 conflict with Iran has injected a massive geopolitical risk premium into energy markets. Strait of Hormuz disruption fears are real, and upstream producers are getting whipsawed by volatility. But four midstream pipeline partnerships sit in a structurally different position: they earn fees on the volume of hydrocarbons moving through their systems, not on the price of oil itself. Higher prices incentivize more U.S. production, leading to higher throughput and more fee revenue. The Iran war scenario is a tailwind, not a threat, for these names. Here is how the four biggest domestic pipeline MLPs stack up on the metrics that matter most for income investors: yield, distribution coverage, contract structure, leverage, and distribution growth. 1. Enterprise Products Partners EPD 1.33% ) Expand NYSE : EPD Enterprise Products Partners Today's Change ( -1.33 %) $ -0.50 Current Price $ 37.04 Key Data Points Market Cap $80B Day's Range $ 37.04 - $ 37.74 52wk Range $ 27.77 - $ 38.22 Volume 3M Avg Vol 4.4M Gross Margin 12.86 % Dividend Yield 5.87 % Enterprise Products Partners is the gold standard for midstream income. The partnership has delivered 27 consecutive years of distribution growth, a streak that survived the 2008 financial crisis, the 2014-2016 oil collapse, and COVID-19. The current quarterly distribution is $0.55 per unit, annualizing to $2.20, with a yield of 5.88% at the current unit price of $36.99. The fee-based model held firm even as WTI dropped from $70 per barrel in Q4 2024 to $59 in Q4 2025, with the partnership still posting record volumes: natural gas processing inlet of 8.1 Bcf/d, NGL fractionation of 1.9 million BPD, and total pipeline throughput of 14.1 million BPD-equivalent. With WTI already recovered to $99, the volume incentive for Permian producers accelerates. Enterprise's Neches River NGL...
Hidden depth and flavour can be found in mushrooms, while the cheese brings a silky texture to this simple supper Before cooking something, it is never a bad idea to turn to the expert on the science of food and cooking, Harold McGee . This week, I had mushrooms, which, as he notes, are fruiting bodies, specialised structures that, encouraged by the parent body underground, force themselves up thr...
Hidden depth and flavour can be found in mushrooms, while the cheese brings a silky texture to this simple supper Before cooking something, it is never a bad idea to turn to the expert on the science of food and cooking, Harold McGee . This week, I had mushrooms, which, as he notes, are fruiting bodies, specialised structures that, encouraged by the parent body underground, force themselves up through the soil and open their umbrella-like cap so the gills or pores can release spores into passing air currents. The aim is the same as for all pushy parents: get the next generation into the world and hope they don’t get eaten in the process. I am hoping that a few million spores got out before the white and chestnut mushrooms I bought at our local supermarket were picked and packed. Mushrooms are often described as smelling and tasting earthy, but, as with most things, McGee is right. After I’d brushed the actual earth off the base of the stems and wiped the caps with a bit of damp kitchen towel, the mushrooms in fact smelled faintly of waxy citrus peel, yeast, almond and chicken fat – which are the octanol molecules, apparently. ‘“Faintly” being the key word here, though that scent is enhanced by cooking, in particular the almond aspect, which is then joined by the meat-malt flavour that emerges when mushrooms meet heat in a frying pan, lose water and take on colour alongside butter and garlic. Continue reading...
Energy-hungry Germany gets as much as 96% of its LNG from the US now. This dependence might explain why the German Chancellor Friedrich Merz remained silent when he sat next to Trump in the White House two weeks ago, as the US president berated and threatened to impose a trade embargo on Spain, because it had not allowed him to use military bases on its territory to launch attacks on Iran.
Energy-hungry Germany gets as much as 96% of its LNG from the US now. This dependence might explain why the German Chancellor Friedrich Merz remained silent when he sat next to Trump in the White House two weeks ago, as the US president berated and threatened to impose a trade embargo on Spain, because it had not allowed him to use military bases on its territory to launch attacks on Iran.
Sanae Takaichi, Japan's prime minister, during a party leaders' debate at the upper house of parliament in Tokyo, Japan, on Wednesday, Nov. 26, 2025. Takaichi said she hadn't intended to get into any details of a Taiwan contingency in recent remarks that have been fiercely criticized by China. Bloomberg | Bloomberg | Getty Images Japan on Thursday rejected a U.S. intelligence assessment that said ...
Sanae Takaichi, Japan's prime minister, during a party leaders' debate at the upper house of parliament in Tokyo, Japan, on Wednesday, Nov. 26, 2025. Takaichi said she hadn't intended to get into any details of a Taiwan contingency in recent remarks that have been fiercely criticized by China. Bloomberg | Bloomberg | Getty Images Japan on Thursday rejected a U.S. intelligence assessment that said Prime Minister Sanae Takaichi's remarks on Taiwan represented a "significant shift" for a sitting Japanese prime minister. Chief Cabinet Secretary Minoru Kihara told reporters during a press briefing that Tokyo's approach remains "quite consistent." "A significant policy shift is not something that is happening right now," Kihara said, according to a translation provided by the Prime Minister's Office. The response came as Takaichi arrived in the U.S. for a summit with U.S. President Donald Trump, with the Iranian conflict expected to dominate the meeting. Takaichi had sparked a furious response from Beijing in November when she told parliament that a Chinese attempt to seize Taiwan by force could prompt the intervention of Japan's Self-Defense Forces. China responded by suspending imports of seafood and issuing travel advisories for its nationals not to travel to Japan, resulting in a sharp decline in Chinese tourist numbers to the country. The intelligence report , issued on March 18, said that Takaichi's characterization of a potential Chinese invasion of Taiwan — as a "survival threatening situation" for Japan — carried weight. The term could open the door for Japan to intervene under its 2015 reinterpretation of its Constitution, which allows Japan's military to engage in "collective-self defence" to protect allied forces under certain scenarios. The U.S. report also said that "China is employing multidomain coercive pressure that probably will intensify through 2026, aimed both at punishing Japan and deterring other countries from making similar statements about their...
Alanah, from Burton Joyce in Nottinghamshire, previously told the BBC: "It's just a bit of a kick in the teeth because obviously when you're applying for jobs, you're applying for loads and loads of jobs and to get an email back saying that... I just don't understand it.
Alanah, from Burton Joyce in Nottinghamshire, previously told the BBC: "It's just a bit of a kick in the teeth because obviously when you're applying for jobs, you're applying for loads and loads of jobs and to get an email back saying that... I just don't understand it.
"It will be interesting to see how users react to this - we expect this could be polarising, with some enjoying the more relaxed, familiar interactions while others may find it disconcerting," said Jessica Miller, head of data insights at FDM/CCS Insight.
"It will be interesting to see how users react to this - we expect this could be polarising, with some enjoying the more relaxed, familiar interactions while others may find it disconcerting," said Jessica Miller, head of data insights at FDM/CCS Insight.
Donald Trump threatened to “massively blow up” the world’s largest gasfield after Israeli strikes on the Iranian site prompted Tehran to step up attacks on energy facilities across the Middle East. Israel’s decision to target the South Pars gasfield on Wednesday marked a major escalation of the war, heightening fears of significant disruption to international energy supplies. Iran promptly retalia...
Donald Trump threatened to “massively blow up” the world’s largest gasfield after Israeli strikes on the Iranian site prompted Tehran to step up attacks on energy facilities across the Middle East. Israel’s decision to target the South Pars gasfield on Wednesday marked a major escalation of the war, heightening fears of significant disruption to international energy supplies. Iran promptly retaliated with fresh attacks across the region, including on Qatari liquefied natural gas (LNG) facilities – infuriating the US president. The US “knew nothing” of the Israeli attack on South Pars, Trump claimed on social media on Wednesday night. US media reported earlier that the US was aware of the attack. The Wall Street Journal reported, citing unnamed US officials, that the president approved of it, in a bid to pressure Tehran into unblocking the strait of Hormuz. Authorities in Abu Dhabi said it had been forced to shut down operations at its Habshan gas facility and Bab field because of Iranian attacks that it called a “dangerous escalation” of the war. Ras Laffan in Qatar, the site of the world’s largest liquefied natural gas hub, has now suffered “extensive damage” after strikes by Iran, the state-run QatarEnergy giant said. Early on Thursday, QatarEnergy reported “sizeable fires” and significant damage at several LNG facilities at the hub. The Qatari interior ministry later said that all fires had been contained. The strike on South Pars amounted to the first targeted attacks on Iranian fossil fuel production since the US and Israel launched the conflict, almost three weeks ago. Qatar, which shares the gasfield with Iran, “was in no way, shape, or form, involved with it [the attack], nor did it have any idea that it was going to happen”, Trump said, adding that Israel would not attack the gasfield again unless Iran attacked Qatari gas facilities again. If Tehran chose to retaliate, Trump said: “The United States of America, with or without the help or consent of Israel,...