Dutch Rail profits down, passengers up
See more Dutchnews articles in your google search results
Add as a favourite source on Google Add DutchNews as a favourite source on GoogleProfits at state-owned Dutch Rail (NS) fell to €281m last year from €337m in 2007 although the number of passengers went up by just over 4% in the same period.
The drop in profit is the result of higher personnel costs, said Dutch Rail.
Last year’s increase in passengers is below the government’s annual growth target of 5%, says the Telegraaf.
Dutch Rail is gloomy about 2009’s results. It expects passenger numbers to fall because of the economic climate and lower returns from station restaurants.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation