The new ScotRail franchise and a strong showing by its Abellio Greater Anglia operation has helped boost profits for Dutch state-owned rail operator, Nederlandse Spoorwegen (NS), in what has been a “turbulent” start to 2015.
NS said its British franchises were largely responsible for a 16 per cent rise in turnover to €2.4 billion in the first half of 2015.
The first six months of the year saw chief executive Timo Hughes step down and an investigation launched into irregularities with the Limburg regional tender.
Roger van Boxtel, acting NS chief executive, said the operator had experienced a “turbulent” six months and had introduced measures to try and restore the company’s integrity.
Net profit was down from €133 million to €56 million due to the loss of non-recurring income – namely compensation from AnsaldoBreda for the failed V250 trains.
As well as international growth, domestic passenger numbers rose by 2 per cent in the first half of 2015.