Issy-les-Moulineaux, France — August 4, 2026 — Transdev has announced its financial results for the first half of 2026, reporting resilient performance despite an unfavorable economic environment marked by rising energy prices and fluctuations in the U.S. dollar. The Group posted 6.2% revenue growth and stable half-year results, underscoring the strength of its diversified public transportation portfolio — a model that spans bus, rail, tramway, and cable car operations across 19 countries.

Half-Year Highlights

• 5 million passengers transported on the Marseille-Toulon-Nice line after one year of operation, representing a 45% increase.
• Revenue rose to 5.5 billion euros.
• EBITDA¹ increased to 333 million euros.
• EBIT remained stable at 93 million euros.
• Net financial debt held steady at 1.26 billion euros.

Business Activity

During the first half of 2026, Transdev's business activity was robust, driven by major new contract launches and partnerships both in France and internationally — a period that coincides with ongoing liberalization of public transit markets across Europe, where regional and municipal authorities increasingly award competitive concessions to private operators.

France

On May 1, Transdev launched the DSP 44 concession in the Greater Paris region, operated on behalf of Île-de-France Mobilités. The six-year contract is now the largest operated by Transdev in France, encompassing 1,800 employees, 19 bus routes — some serving central Paris — and a fleet of 380 vehicles serving a catchment area of 600,000 residents. Since operations began, Transdev's teams have significantly improved the level of service delivered.

By the end of June, Transdev had carried 5 million passengers on the Marseille-Toulon-Nice line after one full year of operation, a 45% increase. The line's punctuality rate exceeded 98% in the first half of 2026, while passenger satisfaction reached 96%. Operated by Transdev on behalf of the Région Sud, the Marseille-Toulon-Nice line is the first regional train line entrusted to a private operator since the market was opened to competition — a landmark under France's rail reform, which transposed EU directives allowing regions to open regional passenger rail services to competitive tendering.

International Operations

Netherlands: On July 1, the Arnhem-Nijmegen-Foodvalley (ANF) public transportation contract was launched — the largest public transit concession in the Netherlands. It is operated entirely with electric buses, including 330 new vehicles, and features eight depots, four of which are newly built. The concession operates under the RRReis brand and runs for 10 years through 2036.

Sweden: On June 15, Snälltåget launched a new daily rail service between Malmö and Oslo. Since 2007, these trains — now connecting five countries — have operated entirely without subsidies, relying solely on ticket revenue, positioning Snälltåget as one of Europe's notable examples of commercially viable open-access intercity rail.

Morocco: As part of the joint venture ISSAL, formalized in June 2026 with CTM (Compagnie des Transports Marocains), Transdev secured three 10-year contracts to operate urban bus services in Tetouan (since September 2023), Fez (September 2025), and Tangier (December 2025). Transdev also operates the Rabat-Salé tramway, whose contract was renewed in 2020 for 10 years.

Colombia: In February, Transdev and its partner Fanalca were awarded a ten-year contract to operate the Bogotá Cable Car in the Ciudad Bolivar neighborhood, home to approximately 800,000 residents. Operations commenced on July 13, extending Transdev's footprint into cable-based transit — a mode increasingly adopted in Latin American cities for connecting hillside communities to urban transit networks.

Financial Results

The company contended with a decline in the value of the dollar and a sudden rise in energy prices during the first half of the year. Currency exchange rate movements had a negative impact of 96 million euros on revenue, while the increase in diesel prices — net of indexation effects — reduced the operating margin by 18 million euros compared to the first half of 2025. The currency sensitivity reflects Transdev's substantial North American operations, one of its four largest markets alongside France, Germany, and the Netherlands.

Against this backdrop, Transdev's first-half 2026 results were characterized by:

• Revenue increasing 4.1% (6.2% at constant exchange rates and scope) to 5.5 billion euros, driven by growth across its primary geographic markets: France, the United States, Germany, and the Netherlands.
• EBITDA up 8.1% to 333 million euros.
• EBIT stable at 93 million euros.
• Net financial debt stable at 1.26 billion euros, unchanged from June and December 2025.

About Transdev

Transdev is a leading independent private mobility group, transporting an average of 14 million passengers daily across all transportation modes. The Group employs more than 107,000 people and is resolutely committed to the ecological transition. Transdev advises and supports local authorities and companies through long-term partnerships.

The Group is jointly owned by Rethmann Group (66%) and the Caisse des Dépôts Group (34%). In 2025, present in 19 countries, Transdev reported sales of €10.44 billion.

Source: GlobeNewswire | www.transdev.com

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¹ EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization.

Media Contacts:
Damien Stéffan — damien.steffan@transdev.com — +33 6 27 36 16 79
Olivier Le Friec — olivier.le-friec@transdev.com — +33 6 10 60 58 45

Investor Contact:
liste.relations.investisseurs@transdev.com