Luas operator reports 25% increase in business

THE private operator of the Luas light rail system in Dublin last year increased the size of its business by 25% to €40 million.

According to returns just made to the Companies’ Office, the increase in business for Veolia Transport Dublin Light Rail Ltd resulted in the company increasing its pre-tax profits by 2% by €2.2m.

Last week, the Luas extended between Busáras Station and the Docklands and the Cherrywood Luas extension is due to open next September.