VR profits rise despite falling international rail traffic

VR_Finlanda_imagesFinnish state-owned rail operator VR has recorded a rise in operating profit despite a sharp fall in international traffic between Russia and Ukraine. VR Group reported net sales of €343 million, down 2.1 per cent on 2013. Operating profit, however, rose substantially from €3.6 million in 2013 to €18.4 million this year. Rail freight figures also improved, with VR transporting 7.6 per cent more cargo thanks to growth in the metal and chemical industries, according to VR.

http://www.vrgroup.fi
Photo: www.finlandtimes.fi


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