KiwiRail performance improves

摘要

WITH freight volumes on the increase, KiwiRail has reported a 5% rise in revenues in the last six months of 2010 compared with the same period in 2009. Revenues totalled $NZ 326.1 million ($US 248.5 million) and were up from $NZ 310.4 million the previous year. Ebitda was also up by 66% to $NZ 43.3 million. "This performance has been achieved on the back of overall growth in freight volumes of more than 13%," Mr John Spencer, KiwiRail chairman says. "The result represents a timely endorsement of the work being done as part of the Turnaround Plan to increase freight revenue by strengthening the "rail spine" stretching the length of the country and improving service."