The Swiss voice in the world since 1935

Swiss Federal Railways reports lower profit, higher punctuality

train
Some 1.34 million people travel on Swiss federal railways every day. Keystone-SDA

At CHF50.8 million ($59 million), Swiss Federal Railways (SBB) made only half as much profit in the first half of 2024 as in the same period of the previous year. According to SBB, the main reasons for this were lower revenue in freight transport and higher costs for infrastructure and regional transport.

+ Get the most important news from Switzerland in your inbox

At the same time, SBB recorded a record number of passengers, as SBB announced on Monday. Every day, 1.34 million passengers traveled on SBB trains. This is 0.7% more than in the same period last year.

According to the press release, SBB’s passenger trains were more punctual in the first half of the year than ever before in a first semester. Some 93.8% of trains arrived on time.

+ SBB makes profit for first time since pandemic

According to SBB, punctuality improved in Western Switzerland and the southern canton of Ticino in particular. Some 98.9% of connections were guaranteed.

Translated from German by DeepL/jdp

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

Popular Stories

Most Discussed

News

F/A-18 take-offs and landings at Bern-Belp Airport

More

F/A-18s take off and land at Bern Airport

This content was published on The Swiss Armed Forces are training their fighter jets in Bern to fly from a civilian base. The exercise at Bern Airport will last until Wednesday.

Read more: F/A-18s take off and land at Bern Airport
cern

More

Plans materialise for new particle accelerator in Geneva

This content was published on Preparations for a huge new particle accelerator in Geneva have reached a milestone. After several years of work, a feasibility study for the project has now been finalised.

Read more: Plans materialise for new particle accelerator in Geneva
More Russian assets frozen in Switzerland

More

More Russian assets frozen in Switzerland

This content was published on The value of frozen Russian assets in Switzerland currently stands at CHF7.4 billion ($8.4 billion), the Swiss government announced on Tuesday.

Read more: More Russian assets frozen in Switzerland
Increase in business start-ups in the 1st quarter

More

Increase in Swiss business start-ups in Q1

This content was published on The number of business start-ups in Switzerland accelerated in the first three months of the year, with entrepreneurs being particularly dynamic in Central Switzerland, Basel and Geneva.

Read more: Increase in Swiss business start-ups in Q1

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR