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Slovenian Railways reports net profit of EUR 18.7 million for 2013

After years of intensive business reorganisation and financial restructuring, Slovenian Railways delivered better financial performance in 2013, according to company’s audited financial statement.

In 2013, Slovenian Railways achieved a positive EBIT of EUR 20 million, a 135% increase year-on-yearEBITDA reached EUR 57.1 million, an increase of 9.6 % compared to 2012. The company reported net profit of EUR 18.7 million for 2013. Operating revenues amounted to EUR 504 million, a 11.1 % increase compared to the previous year, while operating expenses reached EUR 484 million.

All companies in the group obtained improved business results compared to 2012, except SŽ-Železniško gradbeno, whose operating profit was slightly below 2012 level.

SŽ – Tovorni promet, d. o. o. (Slovenian Railways – Freight Transport) increased transportation revenues by 6.1% yoy. EBIT reached EUR 4.4 million and the company registered a net profit of EUR 3.4 million. The volume of freight transported increased by 9.1 % yoy. Trains operated by Slovenske železnice carried over  17.6 million tons of goods, 3.9 billion net tonne kilometers.

SŽ-Potniški promet (Slovenian Railways – Passenger Transport) revenues also increased in 2013, reaching a positive EBIT of EUR 4.4 million and a net profit of EUR 2.8 million. The company transported 16.4 million passengers, 5.9% more than in 2012, while passengers transport performance was 760 million passenger kilometers.

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