Nobina launches strategic review of its interregional business
Nobina is launching a strategic review of its interregional express bus services business.
“Our interregional operations have performed well in the highly competitive market for interregional transport in Sweden. Nobina’s focus, however, is on regional traffic and we are therefore studying different alternatives. This is part of our continuous responsibility toward our shareholders,” says Ragnar Norbäck CEO for Nobina.”
Nobina expects the review to be completed in 2017.
The information comprises such as Nobina AB (publ) is obliged to publicly disclose pursuant to the EU Market Abuse Regulation and the Securities Market Act. Through the above contact person, the information was submitted for publication at 13.00 CET on 2 May 2017.
For further information, please contact:
Annika Molander, Communications Director Nobina AB, +46 733 55 06 16
Nobina is the largest and most experienced public bus transport service provider in the Nordic region. The Company’s expertise in prospecting, tendering and active management of public bus transport contracts in combination with long-term delivery quality makes Nobina an industry leader in terms of profitability, development and initiatives that promote a healthier industry. Every day, Nobina ensures that more than one million people arrive at work, school or other activities by delivering contracted public bus transport services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers express bus services under the Swebus brand in the Swedish market. The Company has sales of almost SEK 9 billion (2016/17), approximately 9,000 employees, and is headquartered in Solna, Stockholm. For more information, see Nobina’s website: www.nobina.com