SBB: Better result thanks to real estate sales
SBB increased its consolidated result by CHF 135 million to CHF 381 million in the financial year under review. According to the company, the increase was mainly due to real estate sales.
According to the rail group, the main contributors to the improved Group result were real estate sales, but also an improved financial result and the recovery in freight traffic. Operating profit, on the other hand, was down, falling by 19 percent. Free cash flow was minus CHF 540 million (previous year: minus 523).
SBB Real Estate achieved a higher result before compensation payments of 433 million than in the previous year (342 million). Sales amounting to 221 million contributed to the increase (2015: 140 million). In addition, higher rental income from stations and investment properties contributed to the growth, according to the company.
(Visited 28 times, 1 visits today)
