Swedish rail freight operator Green Cargo has shown positive results in various areas in the second quarter of 2025. That includes an improvement in the company’s operating profit, but that is in big part due to one-time financial windfalls.
Green Cargo noted improvements in punctuality (from 86,8% to 90,4%), regularity (from 94,5% to 95%) and the traffic safety index (from 94% to 95,6%).
However, says the company, “our underlying profitability remains insufficient, and determined efforts are needed to reverse the trend in the long term.” Green Cargo’s net sales in Q2 amounted to around a billion Swedish crowns (90 million euros). That is less than its previous Q2 result, which was the equivalent of 100,4 million euros.
The operator ended the quarter with an operating profit of around 3,9 million euros. The organic operating profit amounted to minus 44 million crowns (-536,6 thousand euros).
TACs and a strike
“The economic situation remains uncertain”, explains Green Cargo. “Although operating profit is positive and amounted to 44 million Swedish crowns, this is thanks to environmental compensation of 50 million crowns (4,5 million euros) and a capital gain from the sale of fixed assets of 90 million crowns (8 million euros).”
Green Cargo refers to increased track access charges as a contributing factor to the difficult economic situation. Those have had a negative impact on demand. A port strike during the quarter also put pressure on both volumes and revenues.