In 2024, SNCF Group reported a net profit of €1.6 billion and positive free cashflow of €1.6 billion, driven by sustained growth in revenue (€43.4 billion, +4.8%) and effective cost controls. These results confirm the Group’s virtuous trajectory since 2021.

Ridership continued to rise at SNCF VOYAGEURS, for both regional journeys and high-speed travel in France and in Europe. KEOLIS reported fresh growth, winning major tendered contracts. And in a logistics market facing a steep slowdown, GEODIS and Rail Logistics Europe turned in satisfactory results and higher margins.

At year-end 2024, SNCF RÉSEAU hit a milestone in France’s rail reform package, reporting positive free cash flow to meet its commitments to the French State. Five years on, SNCF Group’s results allowed it to make record investments in the French rail industry—over €10 billion.

Throughout 2024, the Group continued to deploy a CSR strategy focusing on two key priorities: making a positive contribution to society as a whole and to French regions (through jobs, procurement and accessibility) while reducing its carbon footprint (decarbonizing, promoting the circular economy and biodiversity). This year SNCF also published its first sustainability report, as required by the European Union’s Corporate Sustainability Reporting Directive (CSRD).

SNCF Group now has the solid financial structure it needs to face the challenges ahead. It is well-positioned to help finance the railway system and remain at innovation’s cutting edge, while optimizing its performance and improving its competitive edge, despite tougher economic conditions and public finance constraints in increasingly competitive markets.

Please contact Axel Bavière at [email protected] or [email protected]