Half-year report

SBB: “Financial situation remains tense” as freight incurs losses

Image: Shutterstock. © Wirestock Creators

Swiss rail operator SBB recorded a half-yearly profit of 50,8 million francs (54,4 million euros), but stresses that the financial situation at the company remains tense. The profit was not thanks to SBB’s freight department, which incurred a loss of 42,6 million francs (45,6 million euros).

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Author: Dennis van der Laan

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SBB: “Financial situation remains tense” as freight incurs losses | RailFreight.com
Half-year report

SBB: “Financial situation remains tense” as freight incurs losses

Image: Shutterstock. © Wirestock Creators

Swiss rail operator SBB recorded a half-yearly profit of 50,8 million francs (54,4 million euros), but stresses that the financial situation at the company remains tense. The profit was not thanks to SBB’s freight department, which incurred a loss of 42,6 million francs (45,6 million euros).

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Tags: ,

Author: Dennis van der Laan

E-mail

Related posts

shift to rail FM Logistic starts with rail-road combi freight services

One of France’s biggest independent logistics services providers, FM Logistic, is poised to make a concerted move into the rail-road transport segment.
Rail ferry return Green Cargo and PKP in talks about renewed Sweden – Poland rail ferry

Representatives of Green Cargo and PKP met in order to discuss a possible restoration of rail ferry connections between Sweden and Poland. In the short…
Innovation TX Logistik and Wascosa join forces to market NiKRASA handling system

TX Logistik and Wascosa have signed a cooperation agreement. The two companies are joining forces in the freight wagon rental business and will, in particular,…
Hydrogen+lng logistics Modalis continues expansion into low-carbon energy logistics

French intermodal logistics solutions provider Modalis Group has announced the acquisition of Air Flow, a hydrogen and industrial gas logistics specialist. It follows Modalis’ purchases…

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.