Annual Management Reports
2025: A pivotal year for Geneva's public transport (tpg)
The year 2025 marked the beginning of the new 2025-2029 service contract with the State of Geneva aiming to increase transport services by 30% by 2030, including for leisure, and to fully electrify the tpg fleet. On the managerial side, Lionel Brasier took over as general manager in January 2025 and the Council of State approved, in September 2025, the appointment of Aude Thorel as Director of Human Resources (HR), for a start date of 01 January 2026. These appointments were part of an internal participatory process to define the company's strategy for 2050.
On the ground, several major projects punctuated the year: renovation of the rails and the overhead line on rue de Carouge, start of work on the Nations tram, and adaptation of the network for new districts such as Grands Esserts. These projects are essential, as they reflect our responsibility to ensure the reliability and modernization of the network. They also represent a response to the continued increase in attendance, which has again registered growth for the fourth consecutive year.
At the same time, the TPG service has been strengthened: extended hours, expanded night service and development of lines to improve mobility and accessibility. The first new generation 100% electric e-buses have been welcomed, realizing the strategy of fully electrifying the fleet.
All of these achievements demonstrate the ability of tpg to combine performance, innovation and social responsibility, in the service of sustainable and inclusive mobility for the entire Geneva region.
Editorials by the Chief Executive Officer and the Chair of the Board of Directors
2025 in a few key figures
milliers de personnes embarquées
millions de km parcourus
millions de km électriques
fois le tour de la Terre
conducteurs∙trices en service
85.27%
In 2025, tpg received 85.27% of total sales of transport tickets (including the unireso share in Léman Pass), in accordance with the distribution key which links the three transport companies – tpg, CFF and SMGN (Mouette Genevoises) – within the unireso fare community.
2025 Results : Strong revenue growth and controlled expenses
In 2025, transport revenues saw a remarkable increase of +11,0 million francs compared to 2024, driven by the success of the law in favor of young people and seniors. Thanks to rigorous control of operating costs, these remained below the forecasts of the service contract. The 2025 net result of -5.4 million francs thus reflects a contained deficit in a stricter subsidy environment, reflecting a favorable combination: dynamic revenues, a controlled framework and expenses contained below targets.
Previous years' annual reports
2024 Fiscal Year
Discover our 2024 annual management report and the year's highlights in pictures!
2024 was a year of change and transition: the last year of the 2020-2024 service contract, it was largely devoted to negotiating the service contract under which we operate today and which provides for a 30% growth in the tpg offer over the years 2025 to 2029.
The 2024 Management Report
The 2024 Annual Management Report
Consolidated Financial Statements 2024
The 2023-2024 Sustainability Report