Independent journal on economy and transport policy
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Battisti: 2019 was the best year in the history of the State Railways group
Revenues up 3.0% and net profit up 4.5%
March 31, 2020
Consolidated financial statements show operating revenues of 12.4 billions, an increase of 3.0% in 2018, compared with growth of 2.4% in operating costs, amounting to 9.8 billion Euro. At the growth of the group - the company specified - they positive performance of revenues from services transport, which reached 7.6 billion euros, marked a eur 230 million compared to the previous year. Specifically, they showed a positive sign components related to transport: revenues have grown Long Haul and Short Haul iron passenger services (a total of EUR 150 million), revenues related to the passenger on rubber transport (EUR 62 million), revenues from the iron ore sector (EUR 17 million) and one million euros revenues from the shipping industry.
Group EBITDA increased by 5.4% in 2019 EUR 2.6 billion, while EBIT 829 million euros (up 16.1%) and net income at 584 million euros (up 4.5%).
"For the second year in a row," Battisti said - we have exceeded all of our financial targets, based on growth in recurring revenues and continued focus on rationalisation of costs.' In relation to prospects for this year, the CEO and CEO of FSI has explained that "in this difficult start to 2020, the FS Group Italy has put in place several initiatives in support of the country and is helping to address the health emergency of the coronavirus Covid-19, but he's ready to start again with a plan extraordinary acceleration of infrastructure investment more than EUR 20 billion by 2020. FS Italiane - he said - is preparing for the phase post-pandemics with strategies that will adapt to the world that is inevitably changed and the way you travel will be very different from today's with innovative preventive measures where we can crystallize in travelers the principle of health security in travel, after a pandemic experience of this guy. It is very important - concluded Battisti - immediately identify initiatives to analyze some dynamics consumer behaviour in their travel patterns, review the customer experience on the journey and make better use of digital channels to return to a normal functioning of the company economy and sustainable growth by trying to integrate transition and digital transformation."
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Consolidated financial statements show operating revenues of 12.4 billions, an increase of 3.0% in 2018, compared with growth of 2.4% in operating costs, amounting to 9.8 billion Euro. At the growth of the group - the company specified - they positive performance of revenues from services transport, which reached 7.6 billion euros, marked a eur 230 million compared to the previous year. Specifically, they showed a positive sign components related to transport: revenues have grown Long Haul and Short Haul iron passenger services (a total of EUR 150 million), revenues related to the passenger on rubber transport (EUR 62 million), revenues from the iron ore sector (EUR 17 million) and one million euros revenues from the shipping industry.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
