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The latest financial information from SNCF Group
Contact: Axel Bavière
SNCF Group reported €23.9 billion in consolidated revenue at the end of September 2013, on a par with the same period of 2012.
The SNCF Infra division reported a 4.5% increase reflecting a steep 18% rise in engineering works and upgrades on the rail network, especially in the Greater Paris region.
Revenue rose a moderate 1.0% at the SNCF Proximités division (local and regional transport) and declined at both the SNCF Voyages division (high-speed rail), down 1.3%, and SNCF Geodis (freight transport and logistics) which reported a 2.5% decline faced with very sluggish French and European markets.
Excluding SNCF Infra, Group revenue was down a slight 0.5% at the end of September 2013.
For Q3 alone, Group revenue increased 1.0% despite the difficult economy, driven by a 7.4% rise at the SNCF Infra division..
Q3 trends for other divisions include a 1.7% increase for SNCF Proximités—a marked 0.6% uptick from H1 2013 thanks to business at Keolis. The 1.7% decline at SNCF Geodis was lower than the 2.9% decline in H1 2013.
By contrast, the SNCF Voyages division saw revenue fall 1.7% after a 1.2% decline in the first half.
2013 results: 13 February 2014