StockMarketWire.com - Bus and train transport company Go-Ahead Group said it had been awarded a fifth regional route in Germany.

The company was awarded lot one of the 'Augsburger Netze' routes by the Bavarian rail authority and the Baden-Wurttemberg public transport authority.

The 12-year franchise, due to commence in 2023, consisted of 56 electrical trains, which would run on a network of 7.4m train kilometres per year.

The network linked to three stations that Go-Ahead would be serving from 2019 through other contracts in Baden-Wurttemberg.

'This network complements our existing contracts in the region and builds on our desire to provide end-to-end journeys,' chief executive David Brown said.

'Our growing local team continues to look for opportunities in the region as part of our strategy to build a long-term German transport business.'


At 1:09pm: [LON:GOG] GoAhead Group The PLC share price was +37p at 1608p



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