Friday 3 September 2010

DSB reports good interim results

DSB carried 3% more passengers in the first half of 2010 compared with the same period last year, and this was allied with improved operational performance which saw delays to long distance trains fall by 3.5%.

The increase in passenger numbers is credited to better punctuality combined with new marketing initiatives and a revised fares system. There has been a similar percentage increase in passenger numbers in Sweden of 3%, and recent German acquisition VIAS is also now contributing.

Pre-tax profits were in line with expectations, totalling DKr 183 million compared with DKK 185 million in 2009. This slight fall is blamed on extra infrastructure maintenance caused by the severe winter, and extensive refurbishment of parts of the S-Bane network. Full year pre-tax profits are expected to be around DKK 450 million.

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