Tuesday, April 7, 2015

Renfe raises its losses to 209 million in 2014, despite the benefit … – Yahoo Finance Spain

Madrid, April 6 (EFE) .- Renfe raised their losses last year to 209 million euros compared to a loss of 3.6 million in 2013, despite gains Ave, which had a net profit of 9 million, according to sources from the operator.

Although revenues experienced a 5.7% increase over fiscal 2013, up the 2.967 million euros, they could not offset the increase by 7% (181.1 million euros) of operating expenses, to 2751.86 million.

Of this increase , 110 million euros corresponded to the increase of the fee paid Renfe Adif for the use of roads. For this concept, Renfe paid last year to ADIF 607,440,000 euros, representing an increase of 22.2% compared to 497.14 million in 2013.

The traffic revenues rebounded 4.7%, an increase of 12.5% ​​in Renfe Goods and 5.1% in Renfe Travelers. In high-speed services and long distance revenue grew 6.1% compared to 2013, while the PSO (Public Service Obligation), 2.3%.

Gross operating profit (EBITDA) stood at 214.7 million euros in 2014, representing a decrease of 9.3% from 236.75 million a year earlier.

A level operational in 2014, the number of passengers on commercial services Renfe set a new record with 29.7 million trips, 16% more than in the previous year.

Renfe has highlighted EFE that This growth continues in 2015 and recalled that on Friday March 27 the largest number of passengers on trains Ave & Long Distance was recorded in a single day, with more than 117,000 customers.

During 2014, the changes initiated in the previous two years, including a new pricing policy in the segment Ave & Long Distance, new routes at high speed, intermodality with road and other transport modes are also consolidated, and new technological tools and ways of available for guests.

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