Kelsian (ASX:KLS) has a portfolio of passenger transport assets and tourism assets. They were previously known as SeaLink Travel Group. Today they own fleets of buses and ferries in different locations in Australia, Singapore and the UK and recently acquired bus operations in the Channel Islands. Their portfolio includes about 4,000 buses and 113 boats.
The nature of the business is that they have long-term service contracts that are usually government backed. This enables a predictable revenue base. Читать дальше...