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TRANSIT CEASED PUBLICATION IN JUNE 2010

Network Rail sees profits slide

03 June 2009
 

British railway infrastructure operator Network Rail has seen its annual profit fall and its debt level increase.

Pre-tax profit fell to £1.52bn in the period to 31 March, from £1.59bn in the same period a year before.

Meanwhile net debt rose to £22.3bn from £19.7bn. Network Rail failed to meet targets for efficiency savings set by the Office of Rail Regulation...

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