Company
Rotala PLC
LON:ROL
Rotala PLC is an AIM listed company operating commercial and subsidised bus routes for businesses, local authorities, the public and private individuals. Rotala was formed in 2005 and has grown through the acquisition and amalgamation of local coach and bus operations and is one of the largest operators in its chosen geographical locations. Rotala now operates more than 700 vehicles and employs more than 1,900 members of staff. Our registered bus services carry more than 50,000,000 passengers every year. We in addition operate an extensive number of corporate transport contracts and private bus networks.
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Rotala returns to profit after booking spanking gain on diesel hedges
About 54% of Rotala'ss projected fuel usage this year is covered by hedging contracts, at an average price of 87p per litre; the current market price of fuel (excluding VAT) is around 142.5p per litre.
Rotala says it has stayed cashflow positive through lockdown period
Since April it had continued to align bus services with local requirements
Rotala confident over long-term future as government backs buses during coronavirus crisis
The government’s large-scale investment in bus transport heralds a new era in the industry after a difficult ten year period.
Rotala implements cost saving measures amid coronavirus pandemic
The bus operator also said it may consider paying a special interim dividend at a later date to replace its now suspended final payment for 2019
Rotala says 2019 trading was in-line with expectations
“The group performed well in 2019 and, with a strong management team and a comprehensive network of operating facilities."
Rotala hikes dividend as it focuses on profits amid changing UK bus landscape
The bus operator's strategy is focused on integrating its new Manchester acquisition
Rotala keen to step up as UK bus market reorganises
“If Deutsche Bahn breaks up Arriva’s bus operation into pieces that’s where we see an opportunity”
Rotala shares spin higher as bus operator hikes dividend after robust 2018 results
“Rotala continues to successfully execute on its business plan in a challenging market environment,” broker Cenkos said as it reiterated a 'buy' rating
Bus operator Rotala reports full year profit growth as it expands in Heathrow
Rotala expects further growth this year following recent acquisitions and its "actively" looking for further opportunities to expand its bus operations
Rotala to take on the majority of Arriva's Wednesfield operations
The company will offer employment to every member of Arriva Wednesfield staff transferring over to Rotala..