Independent journal on economy and transport policy
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The group FS has closed first semester 2012 with an increment of 11.7% of the Gross Operating Margin
The profit clearly is more than doubled
September 26, 2012
The relation semiannual financial institution on June 30, 2012 of the group Italian Railroads of the State Spa anticipates an EBITDA (Gross Operating Margin) of 939 million euros, in increase of 11.7% regarding 841 million the analogous period of 2011. Such course of ulterior increase - it has explained the group FS - places own bases on an important increment - inside of the operating revenues, grown altogether of a 0.4% - of the revenues of the sales and performances (+86 million euros pairs to +2.4%) which a decrease of the operating costs of 80 million euros (- 2.5% is accompanied).
Also the EBIT is in strong increase: in June 2012 have reached 392 million euros, with a +41% in confront on 30 June with the 278 million one of 2011. At last the clearly semiannual result, pairs to +182 million euros, have marked a advanced increment to 100% regarding +90 million euros on June 30, 2011.
"In such context - it has evidenced the railway company - it goes emphasized the economic performance of the two put up society of the group. Trenitalia, in spite of the income in the course of the first months of this year of new operators in the market to elevated marginality of Alta Velocità, closes first semester 2012 with a result of 40 million euros in increase of 27.5% regarding first semester 2011. Italian Railway net clearly contributes to the positive Italian performance of the Group FS with a result of +133 million euros, against +64 million on June 30, 2011".
The group FS has specified that "the good economic performance will on one side afford to diminish the debits, inherited from precedence managements, and, from the other, to maintain the engagements of the plan of the investments for self-financing, with particular relief to those relative to next contracts of purchase of rotabile material for the regional transport pairs to 1,5 billion euros".
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