7 November 2016 – contract extension

The company has announced that Arriva Bus UK, which operates a fleet of 5,900 buses across the UK, has agreed a two year extension to its contract to provide on-board CCTV systems.  The existing framework agreement has been extended until February 2019 with Arriva having the option to extend this by another year. This is clearly good news for the company and we upgrade our recommendation to BUY.