Independent journal on economy and transport policy
18:29 GMT+1
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railway group Helvetic SBB CFF FFS records progresses in the field fleeting and a decrease in the cargo
the clearly consolidated result has grown of 34 million going up to 92 million franchi Swiss
September 15, 2015
SBB CFF FFS last year has archived item the first semester of 2015 with a clearly consolidated profit of 92 million franchi Swiss regarding 57 million in the first half. The Helvetic railway group has specified that the appreciation of the franc has weighed on the result of the first six months of 2015 for 44 million.
In the first half of this year the trains of the group have transported daily 1,20 million passengers (+3%) and the total number of passenger-kilometer is gone up of +2.2% to 9,1 billion kilometers. The economic result in the field of the passengers has grown of 28 million attesting itself to 26 million franchi Swiss thanks to the greater revenues of the traffic and to the smaller expenses for the staff.
SBB CFF FFS has announced that in the segment of the goods the course in the traffic is characterized by the direct and indirect effects of the appreciation of the franc and that by April the transported volume is diminished remarkablly. In particular, the performance of transport in Switzerland has been reduced altogether of -1,2% to the 3.180 million one ton-kilometer clean regarding 3.219 million in the first semester of 2014. The bending - it has explained the group - has regarded above all the traffic to complete wagons, characterized from fixed costs elevated. For the great distributors, the building field and the transports import/export the reduction has been partially advanced to -5%. Instead the performance of transport in the field of shipments and the traffics of SBB transit International Cargo it is increased.
Evidencing that the margins are low and that to international level the revenues are mainly in euro while the costs are in franchi Swiss, the group have specified that altogether the performance total of transport in the traffic clean goods is come down of -0,3% coming down to the 7.616 million one ton-kilometer regarding 7.637 million in the first six months last year. For SBB CFF FFS Cargo this has determined an economic result negative Swiss pairs to -25 million franchi (useful of 15 million in first semester 2014). Also the SBB result International Cargo, because of the effect currency, has been of sign negative for -3,9 million (1,1 million in the first half of 2014).
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SBB CFF FFS last year has archived item the first semester of 2015 with a clearly consolidated profit of 92 million franchi Swiss regarding 57 million in the first half. The Helvetic railway group has specified that the appreciation of the franc has weighed on the result of the first six months of 2015 for 44 million.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
