Rail Cargo Logistics - Hungaria

H-1037 Budapest
Montevideo u. 4.
Phone +36 1 430 8500
Fax +36 1 430 8599
office.rcl.hu@railcargo.com

ÖBB Group EBT totals € 192.8 million in 2015

22-Apr-2016

  • Profits up per 12 %
  • Rail passenger numbers increase by 3 million
  • Rail Cargo Group maintains position as leading European freight railway

The ÖBB Group ended the 2015 financial year with profits of € 192.8 million (EBT) a 12 % increase compared to the previous year (€ 171.7 million) thus putting ÖBB into the black for the fourth year running. Freight operations recorded an EBT of € 57.2 million whilst the passenger transport notched up an EBT of € 77.3 million and the infrastructure business unit finished the 2015 financial year with an EBT of € 12.8 million.

The far-reaching efficiency drive that started in 2010 also paid dividends in 2015. Despite the tough prevailing economic conditions, which hit freight hardest, the year saw an improvement both in the result for the ÖBB Group as a whole and in the results of all Group business units. The strong performance also extended to customer priorities such as punctuality: at 96.8%, ÖBB remains one of the EU's most punctual railways.

ÖBB Group figures at a glance

Total income and expenditure both remained largely stable in 2015. The total income was € 6,345 million (2014: € 6,355 million). Total expenditure was similar to the previous year, at € 5,489 million (2014: € 5,491 million), whilst the ÖBB Group sales revenue was € 5,172 million (2014: € 5,270 million).

Rail passenger numbers up

ÖBB carried 238 million rail passengers in 2015, 3 million more than in 2014. Of these, 203.7 million were local journeys (+1 % on 2014) and 34.3 million were intercity (+2 % on 2014). Whereas travel by rail continued to grow, Postbus (bus & coach) services saw passenger numbers fall to 220.9 million (down from 231 million in 2014), due to demographic change and increasingly competitive tendering.

Service and quality remain in focus

Further far-reaching efforts were made in 2015 to make travelling by rail a simpler and more attractive option. With customer satisfaction surveys once more ranking ÖBB top for punctuality, cleanliness, safety, staff competence & friendliness, the direction of travel is confirmed. To increase passenger comfort, ÖBB-Postbus has invested € 55 million in 300 new buses & coaches. Infrastructure upgrades were another priority, with a total of 204 planning and works projects executed in 2015. These included modernising 23 stations, adding 2,500 park & ride and 1,300 bike & ride spaces, and extending the Wolfurt freight terminal. Since December 2015 the first of the new ÖBB cityjet trains have been in service in and around Vienna, offering commuters a new benchmark in terms of comfort. A further milestone was the full placing in service of Vienna Main Station (Wien Hauptbahnhof), a hub that links 9 countries and Austria's 9 federal states, with trains departing every 90 seconds.

Rail Cargo Group maintains position as leading European freight railway

With an EBT of € 57.2 million (2014: € 58.9 million) the Rail Cargo Group once more topped the international tables in 2015. A sluggish economy, low diesel prices and dwindling industrial output represent a challenging context for the freight sector. The Rail Cargo Group therefore continues to pursue a thoroughgoing policy of internationalising its business. Buying German railway undertaking EBM Cargo in autumn 2015 was another crucial step into this direction. The annual result is particularly encouraging if seen in the light of increasing competition: despite considerably more competitors than in the previous year (33 as opposed to 28 in 2014), the Rail Cargo Group was nonetheless able to post a profit in 2015.

Staff numbers up by 1 %, retirements at lowest level

Staff numbers rose again slightly in 2015, to 40,031 (up from 39,481 in 2014). ÖBB intends to invest heavily in its staff to rise to the challenges of the upcoming years, with € 80 million for apprenticeships and lifelong learning across the Group.