SNCF records record profits in 2022

by time news

The railway group has earned a profit of 2.2 billion euros this year, a record profit up 10%, according to “Le Parisien”.





Par Le Point.fr

Over the last twelve months, the SNCF has made a profit of 2.2 billion euros (photo illustration).
Over the last twelve months, the SNCF has made a profit of 2.2 billion euros (photo illustration).
© GEORGES ROBERT / MAXPPP / PHOTOPQR/LA PROVENCE/MAXPPP

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Por SNCF, 2022 has been a good year. According to information from Parisian, the railway group made a record profit this year to the tune of 2.2 billion euros. Net profit up sharply by 10% compared to 2019, the last financial year before the Covid-19 pandemic. Despite the strike movements that have impacted it, like the controllers during the Christmas weekend, the SNCF is doing well economically.

A result in line with the figures presented by the public company at the end of the first half. Over the first six months of the year, the SNCF posted a turnover of 20.3 billion euros, up 14% compared to the same period before the pandemic. The previous record dated from 2017 with a net profit of nearly 1.5 billion euros.

A number that can still increase

Questioned following these revelations, the SNCF does not wish to comment. “The SNCF group does not confirm any figures. The results for 2022 will be presented next February. Unwelcome results in the current context. Indeed, the railway group has faced the demands of railway workers, who have demanded a rise in wages. This indicator could have been used as leverage during the mandatory annual negotiations (NAO).

“Management has been trying to keep this figure secret for several weeks,” said a source interviewed by the newspaper. Another problem, these results could increase further with the sale of Akiem, a subsidiary of the SNCF, to the Caisse des dépôts et placement du Québec (CDPQ). These are “several hundred million euros” which could then be added to the balance.

READ ALSOSNCF: why the strike makes us angry

Faced with such an announcement, the unions are wondering. ” [Ce bénéfice] was gained thanks to the productivity of the agents put in music by the various reforms of the company. It’s about always doing more with less. There, we removed a counter, here we replaced taxis with VTCs with a lower quality of service so that drivers can reach their departure station, ”warns a union official.


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