Only passenger transport was in the loss of 580 million crowns due to reduced mobility, but it improved by 1.3 billion crowns year-on-year.
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50.3 million passengers traveled on ČD trains, down 9.5 million year-on-year. The head of Czech Railways, Ivan Bednárik, told reporters on Thursday. For the whole of last year, the group made a loss of 4.1 billion crowns due to the crisis.
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This year, the crisis has mainly affected passenger transport. During the spring closure of the districts, on average about a tenth of the normal number of passengers ran on ČD trains.
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The average transport distance decreased by about three kilometers to 40 kilometers. Revenues from passenger transport then fell by more than 12 percent to 2.42 billion crowns.
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“Nevertheless, the management of passenger transport has been significantly improved. The drop in revenue was largely offset by effective cost management. We save in all areas, be it personnel costs, operating expenses, marketing and other activities, “said Bednárik.
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According to him, these are not just one-off solutions, but especially systemic changes.
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On the other hand, the loss from last year was erased by the freight carrier ČD Cargo. The company earned 247 million crowns in the first half of the year, which is a year-on-year improvement of almost 300 million. The carrier transported 2.1 million tons more goods year-on-year, ie a total of 31.1 million tons, and increased its performance in most of the key commodities.
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“Once again, it was confirmed that entering foreign markets was the right step, as ČD Cargo’s business activities in Austria, Germany, Poland, Slovakia and Hungary also made a significant contribution to achieving consolidated profit,” said Tomáš Tóth, head of ČD Cargo.
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“We are continuing this trend and have established another subsidiary, ČD Cargo Adria, which should soon start using the potential of the transport market in Croatia and Serbia,” he added.
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The Czech Railways group consists of passenger carriers and ČD Cargo freight.
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The group also includes the Railway Research Institute, a provider of ČD Telematika data services or a provider of ČD Information Systems ICT services. The group employs around 23,500 people.
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