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2016-12-13

Nobina AB: Nobina wins traffic contracts worth SEK 260 million and is awarded environmental bonus of SEK 1 million in Finland

In a tender process conducted by the Helsinki region public traffic
authority (HSL), Nobina has won two contracts to operate urban and
regional traffic in north area of Vanda and between Helsinki and
Helsinki-Vanda airport region. The total value is estimated at about
SEK 260 million over a seven-year and a two-year period respectively.
HSL also announced that Nobina is being awarded an environmental
bonus of about SEK 1 million.

The new traffic contract in the north area of Vanda extends over seven
years, with the possibility of a three-year extension. The contract
is approximately 60 per cent of the value of the two contracts. The
contract regarding traffic between Helsinki and Helsinki-Vanda
airport region extends over two years, with the possibility of a
two-year extension. The new traffic contracts start in August 2017
and cover 27 buses of which Nobina will invest in 8 new buses. Under
the contracts, there is a possibility to increase compensation
through a high customer satisfaction level during the contract
period.

- I'm grateful that HSL has given us renewed vote of confidence to operate traffic and for the environmental bonus we have been awarded. The contracts strengthen our position as market leader in the Helsinki region, says Tom Ward, Managing Director, Nobina Finland.

The award decision can be appealed no later than 27 December 2016.

HSL's decision to award Nobina an environmental bonus of SEK 1.06
million is a result of Nobina's offer to switch from diesel to
biodiesel during 2017. Nobina's switch from diesel to biodiesel
covers 680 000 liters of biodiesel, and will result in a reduction of
80 per cent in carbon dioxide emissions, 30 per cent in particulate
emissions and 10 per cent in nitrogen oxide emissions compared with
using normal diesel. The environmental bonus is a part of HSLs'
environmental programme of reducing emissions from public transport
and thereby contributing to an improved air quality.

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 4.00 pm CET on 13
December 2016.

For further information, please contact:
Annika Molander, Communications Director Nobina AB, +46 733 55 06 16
Tom Ward, Managing Director Nobina Finland, +358 40 580 2115

About Nobina
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 in excess of SEK 8 billion (2015/16),
approximately 10,000 employees, and is headquartered in Solna,
Stockholm. For more information, see Nobina's website: www.nobina.com

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http://news.cision.com/nobina-ab/r/nobina-wins-traffic-contracts-worth-s...
http://mb.cision.com/Main/1420/2148027/603310.pdf

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