Dutch Railways At Loss
The Dutch Railways have a net loss of 76 million euro in the first half of 2013. Over the same period last year they had a profit of 147 million euro. This is evident from the interim results of the Railways, which was published on Tuesday.
The NS blames the negative result mainly to accounting losses of 125 million euro on the removing of the Fyra trains from the schedule. Also was the railway company faced with less transport revenues in the domestic network and higher operating costs. NS indicates that the sale in June 2012 of the municipal office in Utrecht caused a one-time high yield and results.
The carrier is talking about a difficult first half year. In addition, the company is also still feeling the effects of the economic crisis. "Customers buy for example, less 1st class tickets," explains a spokesperson.
The carrier decided to totally stop with the Fyra trains, because the V250-trains of the Italian manufacturer AnsaldoBreda had, according to the railway company, too many technical problems.
Although the Dutch Railways (NS) financial speaks about 125 million, it may also have a much more net effect. This can be deduced from the interim report of the railway company. The potential financial impact on the result is scaled to a range of 0 to 300 million euro loss.
The negative result does not mean that the train tickets will become more expensive, the spokesman said. Also, there will be no loss of jobs.