Think Railways

Railway Business Intelligence

Slovenian Railways reports net profit of EUR 18.7 million for 2013

Slovenian Railways reports net profit of EUR 18.7 million for 2013
July 15
09:22 2014

After years of intensive business reorganisation and financial restructuring, Slovenian Railways delivered better financial performance in 2013, according to company's audited financial statement.

In 2013, Slovenian Railways achieved a positive EBIT of EUR 20 million, a 135% increase year-on-yearEBITDA reached EUR 57.1 million, an increase of 9.6 % compared to 2012. The company reported net profit of EUR 18.7 million for 2013. Operating revenues amounted to EUR 504 million, a 11.1 % increase compared to the previous year, while operating expenses reached EUR 484 million.

All companies in the group obtained improved business results compared to 2012, except SŽ-Železniško gradbeno, whose operating profit was slightly below 2012 level.

SŽ - Tovorni promet, d. o. o. (Slovenian Railways - Freight Transport) increased transportation revenues by 6.1% yoy. EBIT reached EUR 4.4 million and the company registered a net profit of EUR 3.4 million. The volume of freight transported increased by 9.1 % yoy. Trains operated by Slovenske železnice carried over  17.6 million tons of goods, 3.9 billion net tonne kilometers.

SŽ-Potniški promet (Slovenian Railways - Passenger Transport) revenues also increased in 2013, reaching a positive EBIT of EUR 4.4 million and a net profit of EUR 2.8 million. The company transported 16.4 million passengers, 5.9% more than in 2012, while passengers transport performance was 760 million passenger kilometers.

Tags
Rail Freightrail transportationSlovenian Railways
Share

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment