SBB profit in the first half of the year only half as high as in the previous year

Published: Monday, Sep 9th 2024, 10:10

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At 50.8 million francs, SBB made only half as much profit in the first half of 2024 as in the same period of the previous year. According to SBB, the main reasons for this were lower revenue in freight transport and higher costs for infrastructure and regional transport.

At the same time, SBB recorded a record number of passengers, as announced by Swiss Federal Railways (SBB) on Monday. Every day, 1.34 million passengers traveled on SBB trains. This is 0.7 percent more than in the same period last year.

According to a press release, SBB's passenger trains ran more punctually in the first half of the year than ever before in a first semester. 93.8 percent of trains arrived on time. According to SBB, punctuality improved in Western Switzerland and Ticino in particular. 98.9 percent of connections were guaranteed.

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