Tuesday, May 17, 2016

Cash Machine on rails – OBI Online

(Finansavisen): Tourist train Flåmsbana smashes all records. This year is expected even higher traffic, sales and profits, writes Finance newspaper.

The entire 781,000 passengers traveled with Flåmsbana in 2015, and never before have so many taking the hour-long ride between Flåm and Myrdal station.

This is in stark contrast to the situation 20 years ago, when at one point was on the verge of the track section was closed because NSB lost money and traffic base was too small. Now look, however, the future bright.

– We have budgeted 820,000 passengers and is very well placed, even above that, so far this season, says managing director of Flam Development, Sivert Bakk, told the newspaper.

NSB back

having been deprived of ownership in Flam Development for 13 years, bought NSB into again two years ago. For 10 million they received half the shares in the company, which has become a gilt-edged investment.

Last year sent RU According Finansavisen NOK 45 million in dividends to its two owners, NSB and Aurland Ressursutvikling , which were 5 million more than what was paid the previous year.

in two years, NSB cashed NOK 42.5 million in dividends.

Grows on

today, 60 percent of passengers on Flood Bana tourists arriving by cruise ship or bus, and the company sold the newspaper said tickets for 132 million last year.

the operating profit was NOK 62 million , after a growth of 16 percent and passenger growth of 11.

This year we expect an increase in the number of guests at 5-6 per cent and a turnover that passes 150 million kroner, says Bakk to financial newspaper.

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