FS Group, record investments of 16 billion euro in 2023
Revenues for 15 billion euro, up 8% from 2022, record capital expenditure of 16 billion, net profit 100 million, more than six times the 2022 figure: these are just some of the positive results from the 2023 financial report approved by Ferrovie dello Stato Italiane.
The net growth reported by the Group led by Luigi Ferraris was driven by the increase in passenger numbers on the trains and buses of the Passenger Business Unit, whose revenues were up 11.2% on 2022. Freight transport also performed well, despite the difficult international situation with the crisis in the Red Sea and tensions in the Middle East, with revenues rising 6%.
All with a growing focus on Europe: compared with 2020, revenues from FS’ international operations increased by 80%, thanks largely to the high-speed roll-out in France and Spain and the development of the logistics business on the central European market integrated with Italy.
