Cisalpino keeps finances on track
The Cisalpino railway company, a joint Swiss-Italian venture, reported on Friday that net profit last year increased to SFr3.3 million ($1.92 million). It is the second year running that the company has achieved black figures.
The company said in a statement that turnover last year had increased slightly to SFr58.82 million, despite bad weather in January and October which are normally popular travel months.
The company runs intercity tilting trains to destinations in Switzerland, Italy and Germany. Cisalpino trains serve Stuttgart-Zurich-Milan, Zurich-Milan-Florence, Geneva-Milan-Venice and Basel-Bern-Milan.
Cisalpino, which has its headquarters in Bern, is owned by the Swiss Federal Railways, Italy's Trenitalia, the BLS Lötschberg Railway and a number of cantons in western Switzerland.
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