SNCF: profit of 1.3 billion euros in 2023, down compared to 2022. Record attendance and unprecedented occupancy rate for TGVs boosted the results of the SNCF.
Sales of TGV and Intercity trains are up 13.8%, to 9.7 billion euros, with a record attendance of 156 million travelers on high speed in France and Europe. The public company, a large consumer of electricity, was also penalized by the rise in energy prices. For its high-speed activity, its costs increased by 14% while at the same time, the average increase in TGV fares was only 5%.