PKP Intercity 2017 net profit soars

State-owned passenger railway carrier PKP Intercity had a PLN 270 million net profit last year, compared to PLN 47 million profit in 2016. The company had 42.8 million passengers in 2017, up by 11 percent y/y and above its own forecasts for 39.2 million passengers. “In 2017, we’ve had the increase in passenger numbers among all customer groups. In comparison to the previous year, we carried 30 percent more families, 17 percent more seniors, and 7 percent more students. The most popular connections were from Kraków, Trójmiasto, Poznań, Białystok, and Katowice to Warsaw. The largest increases in the number of passengers were recorded on Kraków-Przemyśl (93 percent growth), Kraków-Rzeszów (61 percent), Białystok-Warsaw (43 percent), Olsztyn-Warsaw (32 percent) routes,” PKP Intercity CEO Marek Chraniuk said.