ROMA (ITALPRESS) – The Italian State Railway Board has approved the consolidated half-year financial report for the semester closed to 30 June. The first half shows a net negative result of 200 million, worsening of 111 million compared to the corresponding period of the previous year. This trend reflects the contraction of the Ebitda (-86 million), the increase of depreciation, provisions and devaluation (-49 million), only partially offset by the positive contribution of financial and fiscal management (+24 million). The total operating revenues increase to 8.9 billion, with an increase of 678 million compared to the first half of 2025, attributable to greater revenues from infrastructure services iron and roads (+214 million) and other revenues (+489 million), in front of lower revenues from transport (-25 million).
Operating costs amount to around 8 billion, up 764 million compared to the half-year compared to more personnel costs and more variable costs related to the provision of transport services, maintenance and infrastructure management.
Due to the dynamics of revenues and costs above exposed, the Ebitda amounted to 905 million (991 million at 30 June 2025), while the Ebit amounted to -58 million (77 million at 30 June 2025), whose change affected by greater depreciation, devaluation and value adjustments for 49 million. In the first half of 2026 the FS Group has developed and managed a total level of expenditure for technical investments pairs to 10,2 billion, with an increase of 21% regarding the first half of 2025. The net financial position is 15.6 billion compared to 12.8 billion at the end of 2025, substantially worsening for the increase in investment.
On the first half of the year, which refers to the previous management, Firema and Pizzarotti operations also weigh.
– Photo from Fs Group website –
(ITALPRESS).
