business is good for the RATP which saw jump in sales of 5.7% in 2015 to reach 5.556 billion € …! Impressive. It is the announcement that was made on Friday by its CEO, Elisabeth Borne. Another essential fact, that with regard to investments.
They are up 20.6% to € 1.832 billion. This financial strength enables RATP and its subsidiaries to achieve a net profit of € 437 million. Many companies would dream of such a success today. Finally, cash flow, essential to develop without having to canvass the banks or the state, is now 1.046 billion against € 990 million in 2014. All the lights are green.
“In 2015, the RATP group has again demonstrated a dynamic beautiful. In Ile-de-France, with support from the STIF, we achieved a record level of investment to allow extension, maintenance and modernization of our networks “, not without pride launches Elisabeth Borne. The jump in net profit last year was due to “unusual transactions, such as real estate revaluations to market value, as well as overvalued provisions that the auditors saw fit to reduce” says Alain Leduc CFO of the group.
the year 2016 however looks less encouraging. The group expects a decrease in net profit of € 200 million, due to the new contract signed for the 2016-2020 period with the Syndicat des transports d’Ile-de-France (STIF), the organizing authority for public transport Paris.
Listed travelers, traffic was also up 0.9% with paths 3,255Mds this year despite a difficult economic environment and tourist activity disrupted by the attacks in January and November in the capital. The extensions of certain lines (4, 11, 12 or 14) of underground also allowed to gain passengers as the full exploitation of the T8 and T6 trams. Extensions of T3 and T6, and soon the T1 and T7, however, should help stabilize attendance.
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