Kelsian Group Limited ( (AU:KLS) ) has provided an update.
Kelsian Group Limited’s subsidiary, First Class Transportation, has secured a five-year contract renewal for The Woodlands Express bus service in Texas, valued at approximately US$29 million, with options for extensions. Additionally, they have won a new contract with the City of Conroe, Texas, for a fixed-route service, generating US$2.25 million over five years. These contracts highlight Kelsian’s strong presence and reliability in the US market, reinforcing its position as a key player in sustainable public transport.
More about Kelsian Group Limited
Kelsian Group Limited is Australia’s largest integrated multi-modal transport provider and tourism operator, with operations in Australia, Singapore, USA, United Kingdom, and the Channel Islands. The company focuses on delivering safe and sustainable transport solutions, operating over 5,800 buses, 115 vessels, and 24 light rail vehicles, and is a leader in sustainable public transport.
YTD Price Performance: -29.15%
Average Trading Volume: 922,422
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$683.3M
See more data about KLS stock on TipRanks’ Stock Analysis page.