As with many commercial organisations, over the last few years Veolia Transdev has focused on remaining competitive in light of the global financial crisis.

Whilst the Australian economy remained resilient, the global economic conditions did present some challenges for governments and clients alike. We also faced increased competition in some areas from global competitors who focused on Australia as a strong performing market.

However, we remained committed to delivering the best value and service to our clients and ensuring we were meeting, and at times exceeding, our contractual obligations. We also saw some returns from our pursuit of new business opportunities, particularly in the industrial market.

In 2010, we recorded total operating revenue of $254 million. Our return on capital employed during this same time was 23.4% (these figures exclude Transdev).