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The latest financial information from SNCF Mobilités
Contact: Axel Bavière
REVENUE GROWTH DRIVEN BY DYNAMIC SALES & MARKETING POLICY AND INTERNATIONAL BUSINESS
As the French economy improved slightly, SNCF Mobilités reported revenue up 3.7%. Main contributing factors were a dynamic sales & marketing policy with roll-out of budget and low-price options; 11.8% growth at Keolis, due in particular to a 30% surge in international business; and a 6% rise in international freight forwarding at Geodis.
COST CONTROLS & FINANCIAL DISCIPLINE
EBITDA rose by more than €200 million compared with the end of June 2014.
Benefits expected from the 2013-2015 cross-divisional performance plan are in line with targets calling for a €0.7 billion reduction in structural costs.
Net profit stood at €318 million.
HIGH INVESTMENTS AND STABILIZED DEBT
While holding investment at nearly €1 billion for the six-month period, SNCF Mobilités nonetheless steadied net debt at around €7.6 billion.