In the 2010 profit clearly of the Railway group of the State it has grown of 139%



The Italian group Railroads of the State (FS) has archived item the exercise anniversary 2010 with operating revenues that, for the first time in the history of the company, have exceeded the eight billions of euro regarding about 7,5 billion euros in the exercise precedence. The increase of the volume of transactions - it has explained FS - is hauled by the increase of the revenues from traffic.

The operating costs are diminished to about 6,4 billion euros (- 128 million euros regarding 2009), a reduction - have emphasized the company - thanks to the strong rationalization started from the last months of 2006, and still in course, and to the aimed participations of reverse engineering of the main industrial processes.

The EBITDA has exceeded 1,6 billion euros and the EBIT has been attested to 508 million euros with an increase of 73 million on 2009. The profit clearly has been pairs to 129 million euros, in increase of the 139% on 54 million euros of the year precedence.

Budget 2010 of FS is written up second accounting principles international IAS/IFRS adopted voluntarily from the group for the first time.

FS has announced that in the 2010 activity of the railway company it has been characterized in positive also for the ulterior decrease of the number of the incidents called "typical" from the international classification of field: during the last few years it has been passed from the 35 of end 2006, to 23 of 2007, the 19 of 2008, to go to 13 in 2009 and 10 to end 2010. In strong increase - it has evidenced FS - also the presence on international the operating scenes, that they have seen the group to conquer market shares of the transport beyond border through the operations of acquisition of the majority of the group Arrives Deutschland (Netinera today) and of alliance with the Veolia group, both consolidated protagonists and you strongly anticipate on the European trasportistico market.

FS has been profitable notices also the main results achieved in 2010 from the societies controlled of the group.
RFI - Italian Railway net, the society of management of the infrastructural net of the group, has recorded increments of the EBITDA and the EBIT respective of +68.9% and +109.1%, while the result clearly is passed by nine million euro on December 31, 2009 to about the 92 million one end 2010.

Trenitalia, the society that manages the fleeting activities of transport and goods of the group, has increased the EBITDA of +11.9% and the EBIT of +8.4%. Positive also the result clearly: 73 million euros, with an improvement on 2009 of beyond 56 million euros (to end the 2006 loss of the transport society of the group had been pairs to 1.989 million euros).

FS has concluded observing that such results are obtained continuing in the action of development are of the new businesses are of those traditional ones, also through investments aimed that they are realized maintaining to great attention at the position clean financial institution of the society, remained substantially unchanged in the 2010 regarding the year precedence.