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EUR 2 million profit in H1 2014 for ZSSK Cargo

ZSSK Cargo posted a profit of EUR 2 million in first half of 2014. This result was achieved due to an increase of revenues from transport activities. Compared to the previous  year, the company took advantage of  lower TAC (reduced from EUR 3.5/train-km to EUR 1.75/train-km), lower prices for electric traction,  EURIBOR gradual reduction of debt etc.

During H1 2014, ZSSK CARGO transported 17,866,000 tons of goods, an increase of 1.2% compared to the same period last year.

2013 performance, assess and company figures

 

 Financial Indicators 2012
(EUR thous)
2013
(EUR thous)
Total assets 678110 657859
Revenues 315169 369132
Costs 326014 357415
Profit (Loss) for the period (23947) 946

 

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