SYSTRA announces strong growth in results for 2024

SYSTRA announces strong growth in results for 2024

A solid growth trajectory for SYSTRA in 2024

In 2024, SYSTRA achieved a turnover of €1.25 billion, an increase of 17% compared to 2023, and an EBITDA level of 8.3%, up 0.6 points. This growth is part of a long-term dynamic: since 2022, the Group’s turnover has risen by almost 40%. At the same time, new orders continue to soar, up 32% in two years to reach €1.4 billion in 2024.

A key player in the sector for over 65 years, SYSTRA has comprehensive expertise in all transport solutions. Today, the Group is contributing or has contributed to one out of every two metros in the world and to one out of every two high-speed lines. This recognition is also illustrated by its position as the leading French engineering company in the international Engineering News-Record (ENR) ranking: 2nd for Mass Transit & Rail, 3rd for Bridges and 6th for Transportation.

With a presence in 80 countries, SYSTRA is firmly rooted in France, where it employs more than 2,000 people and generates 20% of its turnover. While consolidating its presence in France, the Group continues to expand internationally in a fast-growing market. By 2024, it had a workforce of 10,500 worldwide, an increase of 40% in four years.

An ambitious growth strategy

SYSTRA’s growth is driven by major projects in the countries where the Group operates, such as the Grand Paris Express, high-speed lines in the UK, Egypt and California, and the TELT tunnel. SYSTRA uses all its skills to carry out safe and sustainable projects, shaping environmentally friendly mobility for the benefit of future generations.

The SYSTRA Group intends to maintain its momentum and accelerate the growth of its turnover and profitability by relying on both organic growth and an active acquisition policy.

Technical excellence and operational performance are essential levers for SYSTRA’s growth. The Group relies on its unique networking approach, which makes the most of the expertise of its subsidiaries throughout the world and encourages a multicultural and collaborative approach to projects. Its cutting-edge expertise uses the latest digital technologies, BIM, digital twins, simulation and modelling, to improve efficiency for its clients.

In terms of acquisitions, the Group strengthened its presence in Scandinavia in 2023 by acquiring the Atkins entities in Sweden, Denmark and Norway. It also expanded its portfolio with the integration of Australian companies Bamser and Rail Systems Australia, as well as Subterra, which operates in Spain and Latin America. More recently, in 2024, the Group acquired Modaal in France.

The change in shareholder structure in October 2024 – with Latour Capital and Fimalac taking a 58% stake – is designed to support this growth strategy, particularly internationally, in 13 strategic regions and countries, including Australia, Canada and the Middle East. This growth and development strategy should enable the Group to achieve its ambitious target of €2 billion in turnover by 2030.

SYSTRA publishes its ESG Performance Report 2024

Sustainability is central to SYSTRA’s growth strategy which aims to create a sustainable future for generations to come.

As a transport engineering company, SYSTRA integrates the principles of sustainability into every stage of its projects, seeing sustainability as a lever for performance and growth.

Our growth dynamic is based on the diversity of our talents and professions, and is underpinned by our long-term commitment to Health, Safety, Security (3S), ethics, the environment, diversity, equity and inclusion.

SYSTRA is anticipating the transition to the European CSRD directive by relying on local governance, which is essential to the implementation of this strategy, and decentralised Business Units to adapt to local conditions.

TRACCS Rail Day 2025

Join us for two days of insightful sessions led by industry leaders, visionaries, and decision-makers in the Railway industry. Gain key stakeholder insights, project updates, and strategies for success in this evolving sector.

location

The International Centre, Mississauga, Hall 5

Mississauga, 6900 Airport Rd, Mississauga, ON L4V 1E8, Canada

schedule

TUESDAY, MAY 13

9:00 am to 9:30 am

Opening Remarks – Mark Salsberg et Paul Murphy (TRACCS)

9:30 am to 9:45 am

Address from the Minister of Transportation – Hon. Prabmeet Singh Sarkaria

11:00 am to 7:00 pm

EXPO – NETWORKING

10:00 am to 1:00 pm

Morning Sessions (3 stages)

2:15 pm to 5:00 pm

Afternoon Sessions (3 stages)

WEDNESDAY, MAY 14

9:30 am to 9:45 am

Opening Remarks – TRACCS Board Directors

9:00 am to 5:00 pm

EXPO – NETWORKING

10:00 am to 1:00 pm

Morning Sessions

2:00 pm to 5:00 pm

Afternoon Sessions

Toronto-Québec City High-Speed Rail: First Major Milestone Reached

MONTRÉAL, March 21, 2025 /CNW/ – Alto and the Cadence team have reached a major milestone with the signing of a contract for the tangible progress of the high-speed rail network between Toronto and Québec City. This important step marks the beginning of the important design and development phase of this ambitious project, announced on February 19, 2025, by the Government of Canada. It also marks a critical step in improving mobility within the country.

With dedicated passenger tracks and peak speeds of up to 300km/h, Alto will significantly reduce travel times—even halve it in some cases—between major cities in the Toronto–Québec City corridor. Through nearly 1,000 kilometres of electrified tracks, the network will help reduce intercity transportation’s carbon footprint while transforming the user experience. As Canada’s largest public infrastructure project, this initiative will drive the economy and provide an efficient, economic and environmentally friendly transport alternative to air and car travel.

The way in which a project is developed is as crucial as the project itself. In collaboration with Cadence, we are bringing together a unique group of experts, combining the expertise of a Crown corporation with the experience of a team of world-class private partners. The signing of the contract demonstrates our shared commitment to develop a high-speed rail network that will exceed Canadians’ highest expectations.

Martin Imbleau, President and CEO, Alto

The members of Cadence are extremely proud to be working with Alto on this transformative project for the country’s economy and communities. Our team brings unparalleled expertise in designing, building, financing, operating and maintaining complex rail projects around the world. We are committed to delivering a high-speed rail system that will redefine rail transportation in Canada and change the lives of millions of Canadians.

Daniel Farina, General Manager, Cadence

The phase now beginning will confirm the route, obtain the necessary environmental permits and acquire the necessary land. It will also be used to pursue more concrete discussions with First Nations representatives and host communities. This work will enable the cost, financial structure and timetable for the project to be established.

As Canada’s largest ever infrastructure project, Alto will connect more communities and Canadians and grow our economy. This is an exciting next step in the high-speed rail project, which will boost GDP by up to $35 billion annually, create over 51,000 good-paying jobs during construction, and unlock enhanced productivity for decades to come.

 LThe Hon. Chrystia Freeland, Minister of Transport and Internal Trade

The Alto network, supported by Transport Canada, is a necessary investment that benefits the entire country. It will connect our lives and cities faster, more frequently and reliably, while reducing transportation costs and driving economic growth. With Alto, Canada is finally getting the transportation infrastructure it needs.

For an overview of the project’s core benefits: Fast Forward: Shaping Canada’s Future with a High-Speed Train.

For more information, please visit Alto‘s website.

ABOUT ALTO

Alto (formerly VIA HFR) is a Crown corporation dedicated to developing a fast, frequent and reliable rail network to meet the growing mobility needs in the Toronto–Québec City corridor.

À propos de Cadence

Cadence is a consortium of world-renowned companies with expertise and know-how in the design, development and operation of large-scale transportation infrastructure. The consortium members are CDPQ Infra, AtkinsRéalis, Keolis, SYSTRA Canada, Air Canada and SNCF Voyageurs.

SOURCE Alto

Media inquiries:

Benoit Bourdeau

438-686-8476

[email protected]

Paris airports call on SYSTRA’s expertise

The ADP Group, which develops and operates airport hubs including Paris-Charles de Gaulle and Paris-Orly, has chosen to work with a group of experts to support the arrival of new transport systems.

At Paris-Orly, this involves monitoring the design of new exclusive right-of-way public transport systems within the airport itself: the creation of an automatic guided transport system connecting the hub’s centres of interest to the terminals and to Grand Paris Express (GPE) station L14/L18, as well as the creation of Bus Rapid Transit (BRT) lines. At Paris-CDG, the project also aims to create BRT services. This ATMO is being carried out in a consortium with Setec (lead), Urbanica and Bearing Point.

Preparing for the future of travel to and from airports

With the aim of reducing carbon emissions and improving accessibility to neighbouring areas, the ADP Group has made the development of mobility to and from its airports a priority. At the same time, the ADP Group wants to develop transport within Paris-Orly and Paris-CDG.

To achieve this, SYSTRA is a key partner: since 2023, as part of another ATMO, SYSTRA France teams have been involved in the renewal of Paris-CDG airport’s automatic internal shuttles*, CDGVAL and LISA. This project is part of the new mobility plan for the airport, one of the busiest in Europe. In collaboration with Artelia, Richez_Associés and Bearing Point, the contract should lead to the modernisation of shuttle services and new links within the airport’s reserved area (i.e. after inspections and border crossings) by 2037.

A longstanding relationship with the ADP Group

SYSTRA has been working with the ADP Group since the 1980s to optimise and develop its infrastructure. When it came to improving access to terminals, we were present when the ORLYVAL automatic shuttle service was introduced in 1991 and from the very beginnings of the CDG Express link; and when it came to optimising the operation of platforms, we were notably involved in the transformation of Terminal 2B at Paris-CDG.

Our work is not limited to transport. We are also working on the decarbonisation of airport terminals and technical facilities, with feasibility studies for the installation of photovoltaic panels on buildings.

The latest major achievement is the opening of the Orly station on lines 14 and 18 of the Grand Paris project and its P3 car park, at the very heart of the airport hub, designed and built in record time for the summer 2024 sporting events.

* These shuttles are also known as APMs, for Automated People Mover, and are fully automatic metros.

59th AQTr Congress: Augmented Intermodality Towards Innovative Infrastructures

SYSTRA CANADA CONFERENCE

New Technologies to Enhance the Design and Efficiency of Transit Hubs

MAXIME ROCQUET, Senior Manager, Mobility Planning – Transit Division

Tuesday March 18, 2025 | 4:30 p.m. to 5:00 p.m.

The emergence of new technologies has led to the development of digital tools that offer significant support in the design of transport infrastructures. Multimodal transit hubs are one of the most important ways of promoting intermodality, and they are affected by these new digital tools, which bring a new vision to the way they are designed. So what are these tools? What do they enable? What are their advantages and limitations? This conference will answer all these questions.

Cadence Consortium Selected to Transform Canadian Mobility with the Alto High-Speed Rail Project 

Cadence team members include CDPQ Infra, AtkinsRéalis, Keolis, SYSTRA, SNCF Voyageurs, and Air Canada. This selection highlights the leading-edge expertise of the consortium, with deep roots in Canada and world-class know-how in the design, development and operation of passenger transportation infrastructure.

This landmark project is set to revolutionize mobility in Canada for future generations. The Cadence consortium’s unparalleled expertise, synergy, and successful track record offer Alto, the Crown corporation with which we will develop this project, a trusted partner to bring this visionary project to life at the best possible cost. We thank everyone involved in the development of the proposal for their trust and professionalism over the last year. We look forward to working together to design, develop and deploy this fundamental project for all Canadians.

Jean-Marc Arbaud, President and Chief Executive Officer of CDPQ Infra

Major infrastructure projects such as Alto generate substantial impacts by growing the Canadian economy and making it more productive. In the area of transportation, these projects are helping to meet the connectivity and mobility needs of Canadians while respecting communities. They help achieve our climate goals and advance reconciliation with Indigenous peoples. They create jobs and stimulate local investment, making Canada more resilient in an uncertain economic environment. The partners which are Cadence and the Crown corporation have all the expertise and tact needed to meet these challenges successfully.

In short, making Alto a reality is more important than ever. The Cadence team is proud to play a key role in this project that will help make Canada stronger, more prosperous.

The call for proposals for this Alto project to link Quebec City, Trois-Rivières, Montreal, Laval, Ottawa, Peterborough, Toronto, and other municipalities was launched in October 2023. Cadence has mobilized the expertise of each of its members to submit the best proposal and to match the ambitious vision, deep conviction and high standards set by the Authority.

ABOUT Cadence

Cadence is a consortium of world-renowned companies with expertise and know-how in the design, development and operation of large-scale transportation infrastructure. The consortium members are CDPQ Infra, AtkinsRéalis, Keolis, SYSTRA, Air Canada and SNCF Voyageurs.

Innovative LiDAR Classification for High-Voltage Power Lines

unparalleled precision

In one of our latest projects, we were tasked with collecting and processing LiDAR and photo data for high-voltage power lines in Europe—a project that demanded unprecedented precision and innovation.

To ensure the highest level of accuracy, drone-collected LiDAR and photos were supported by ground control points meticulously established using GPS. Leveraging SiteScan, a cloud-based software, we generated orthophotos and 3D meshes, providing a solid foundation for detailed analysis.

Our team then pushed boundaries by using GIS software and Python programming to integrate AI capabilities for LiDAR classification. This was no ordinary classification—our approach was entirely customized, offering a level of detail far beyond standard practices.

With drones, GIS, and AI-powered technology, SYSTRA Canada delivered unprecedented LiDAR classification solutions for high-voltage power lines in Europe. Our innovative approach, combining advanced GIS tools, SiteScan, PLS-CADD, and custom methodologies, reflects our commitment to precision and groundbreaking geospatial solutions for infrastructure management.

Reza Saremi, Geomatics Lead, Transit at SYSTRA Canada

innovative in-house tools

To complete the project, we utilized PLS-CADD software to create precise plan and profile drawings, ensuring the data met the needs of our client and exceeded expectations.

This project showcases our expertise in combining advanced technology, AI, and geospatial analysis to deliver groundbreaking solutions.

Contact our expert to see how this level of innovation can elevate your infrastructure projects.

Want to know more?

Groupe Porteur Selected for the Gatineau-Ottawa Tramway Project

Montreal (Quebec), January 14, 2025 — The Société de transport de l’Outaouais has awarded the contract for professional, technical, and multidisciplinary services on the Gatineau-Ottawa tramway project to Groupe Porteur, which comprises SYSTRA Canada, Egis, and EXP. This 24-kilometre tramway project will be an important link between downtown Gatineau and Ottawa, the capital city of Canada.

Collaboration for sustainable mobility and future connections

In collaboration with architectural firms Richez_Associés and Provencher Roy, Groupe Porteur is proud to be a part of this ambitious project, which will transform urban mobility and forge sustainable connections between communities. Groupe Porteur will support the TramGO Project Office through all phases of the C$114 million Gatineau-Ottawa tramway contract, including:

1. Technical and environmental studies

2. Procurement

3. Construction work supervision and commissioning tests

A visionary plan for urban modernization

The complexity of a large-scale project can be a challenge. Groupe Porteur has the proven experience and will work closely to ensure the project is navigated successfully to completion.

The technical and environmental studies for the 22 of 24 kilometres of the route on Quebec territory will also begin this Spring. 

ABOUT SYSTRA CANADA

Based mainly in Montreal since 1990, SYSTRA Canada has built up a wealth of experience in urban projects, including the modernisation of the Toronto and Montreal metros, engineering for CDPQ Infra for the Eastern REM, and the GO Expansion and Toronto metro extension programmes managed by Metrolinx.

From 2018 to 2024, our teams were also involved in the construction of the Quebec City tramway, a major urban transformation for the capital of ‘La Belle Province’ and one of the country’s leading tramway projects. At the beginning of 2025, a new call for tenders will be launched for the TramCité, to which SYSTRA Canada plans to respond.