A WORD FROM OUR CEO “I am grateful to you all for what we have achieved in 2023 and well done to all the teams who have delivered successfully over the festive period! Throughout 2023, despite the economic climate, all economic and political circumstances, inflation, war, energy prices, budget restrictions, we have delivered fantastic results for 2023 and our position in respect of our competitors remains strong. We had a slightly lower revenue than expected but achieved a higher profit both in % and in value and we have achieved an outstanding performance in collecting cash, complying with the cash plan of the Group. We are proud to be a top player to Network Rail, ranking top 3 in the suppliers list and as the only supplier to be 100% rail focused this is a great achievement. We are also the largest provider of Urban Rail within the UK. Profitability goes with operational excellence and our capacity to manage our risks, our top 3 being: • Safety • Cybersecurity • Ethics To maintain our status, we need to focus on our main areas of risk with added vigilance throughout 2024. I remind you all that you are ‘Free to be Safe’. In 2024 we must protect ourselves and our colleagues and continue to ensure everyone goes home safe every day. We must pay close attention to possible cyber risks, at the time of writing 99.7% of the business had completed the cybersecurity training which is a great result and ethics must be considered in all decisions we make to ensure that we are fully aligned with the company’s compliance rules.” Jean-Pierre Bertrand, CEO Colas Rail Ltd.
Made with FlippingBook interactive PDF creator