SNCF plans to buy 40 new TGV

 

'Good and promising' are the words chosen by the president of the SNCF to describe the annual results of 2011. SNCF Group which has seen its turnover increase by 5.8% at constant exchange rates to 32.6 billion euros, however, has generated a modest net profit of 125 million euros against 697 million euros in 2010.

The company has indeed made an impairment of 840 million euros, 700 million under its TGV. "We hoped that there would be no further increase in 2013 of tolls to maintain the value of our fleet of TGV trains, said David Azema, the deputy director general strategy. But between 2012 and 2013, higher tolls for the TGV will reach 7% and represent a charge of 130 million euros more. "

SNCF points between 2008 and 2011, the total amount of tolls paid to Réseau Ferré de France has reached 500 million euros. It is on rail network SNCF of France that puts the responsibility of a net cut of several hundred million euros.

But since the publication of the rising bill for 2013, the situation has apparently subsided between SNCF and RFF. The latter, manager of the rail network, pledged Thursday, February 9 that the evolution of tolls over five years (2014-2018) is equivalent to the "inflation rail" increased by 0.3% maximum. This jargon reflects the inclusion of more parameters (increase maintenance costs, the price of copper and steel …) to secure an annual inflation rate specific to that activity. In 2011, inflation reached 5.8% rail.

The horizon cleared and allowed Guillaume Pepy to "open a discussion at the Board on the possibility of exercise of options on up to 40 trains Alstom", says, carefully, the president of SNCF. Clearly, the station is considering replacing its older trains when she refrained so far to discuss the purchase of oars, each unit costing 30 million euros.

The SNCF president stressed that his group was able for the first time since 2007 to reach a positive cash flow: EUR 261 million in 2011 due to good performance of the branch Infra – which carries out maintenance and maintenance – and the Near branch which includes TER and urban transport. However, SNCF Geodis has consumed nearly 500 million euros in 2011, in particular the rail freight business. Another black spot: the debt – reduced by 170 million euros in 2011 – still exceeds 8 billion euros and should remain as high in 2012.

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