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National Express on track to win more German rail contracts

Reuters - UK Focus

LONDON, Feb 3 (Reuters) - British transport company National Express (NYSE: EXPR - news) said it was on track to secure contracts to run rail lines in southern Germany, which are expected to generate revenues of 1.4 billion euros ($1.59 billion) over 12-years.

National Express (LSE: NEX.L - news) , which has already won a contract to run train services in the west part of Germany, said on Tuesday it had been named preferred bidder by the Bavarian transport authority to run Nuremberg S-Bahn services.

The British company will start operating the services from December 2018, it said, taking over from Deutsche Bahn's DB Regio unit. ($1 = 0.8818 euros) (Reporting by Sarah Young; Editing by Neil Maidment)