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24 May 2012 The on-line newspaper devoted to the world of transports 01:15 GMT+2



September 8, 2011

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Original news
Growth in operating income of the railway SBB CFF FFS due to extraordinary income

In the first half revenues grew by 2.7%

The group Helvetic railway SBB CFF FFS has filed the first six months of 2011 with a consolidated profit of 166.5 million Swiss francs on revenue of 3.9577 billion Swiss francs compared to a consolidated profit of 165.9 million Swiss francs revenues of 3.8544 billion Swiss francs in the first half of last year. The Swiss company said that in addition to income from operating activities amounted to 121.5 million Swiss francs, the result of the first half of 2011 have contributed to exceptional items of CHF 45 million (including sales of real estate assets worth 16 million Swiss francs). Operating expenses increased by 2.6, reaching 3.6938 billion Swiss francs.

In the first six months of this year the company recorded an increase of 3.5% of passenger traffic, which totaled nearly 175 million units, an increase that is equal to 2.6% in terms of passenger-km that reached to 8.7264 billion.The result in the passenger segment deteriorated by about 60 million Swiss francs over the first half of 2010 down to 94.4 million Swiss francs. The additional revenue obtained from increased rates and the increase in traffic (+60 million Swiss francs compared to 2010) - said SBB CFF FFS - were thwarted primarily by additional costs due to higher prices of tracks (- 44 million Swiss francs), increased employee costs, depreciation and financial effects.

In the area of ​​goods traffic amounted to 6.369 billion net tonne-kilometers, down by 3.6% over the first half of last year. The Cargo Division has closed the first half of 2011 with a loss of 7.2 million Swiss francs compared with a loss of 49.5 million in the period from January to June of 2010. The group Merz announced that SBB CFF FFS Cargo has reduced operating costs through efficiency gains thus being able to compensate for the lower operating income (-25 million), decrease - the latter - due to the weakness of the euro , the termination of unprofitable activities and failures of major customers.

In the first half of this year the result of the Infrastructure Division totaled CHF 31.5 million (-11.2 million in the first half of 2010) and the Division of Real Estate to 32 million Swiss francs (64.4 million ).
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