Financial

CANADIAN National (CN) announced on March 5 that its CEO Mr Luc Jobin is leaving the company with immediate effect following a period of operational difficulties which has drawn sharp…
SWISS Federal Railways (SBB) rail freight subsidiary SBB Cargo has revealed plans to substantially restructure its business operations over the next few years as it grapples with falling demand for…
PROFITS at Netherlands Railways (NS) dropped considerably in 2017 to €24m from €212m in 2016 mostly due to the €41m fine imposed against the railway by Dutch regulatory body ACM…
CAF, Spain, achieved a 12% increase in net turnover in 2017 which grew from €1.32bn in 2016 to €1.48bn last year. Vehicle sales also grew by 12% to €933m, while…
FRENCH National Railways (SNCF) says it achieved a marked improvement in its commercial and business performance in 2017, but revenues remain “insufficient” due to the huge debts of SNCF Network,…
SPANISH rolling stock manufacturer Talgo signed new orders worth €700m in 2017, the highest figure since 2011 as the company’s order backlog reached €2.8bn.
BOSNIA and Herzegovina Federal Railways (ŽFBiH), one of two companies operating train services in the Balkan country, has posted its strongest financial results for 25 years.
VOSSLOH has announced that group sales from continuing operations increased from €822.5m to €918.3m in fiscal 2017. However, the company is set to end the year with a negative net…
THE European Union (EU) has confirmed a further €38.5m in co-financing for the three-stage modernisation of Kosovo’s railway infrastructure.
BOMBARDIER Transportation recorded revenues of $US 8.5bn in 2017, a 13% increase from the $US 7.57bn reported in 2016. Ebit also increased by 5% from $US 396m to $US 417m,…
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