Trentino Trasporti, budget in surplus: debt drops, passengers increase – News

Trentino Trasporti, budget in surplus: debt drops, passengers increase – News
Trentino Trasporti, budget in surplus: debt drops, passengers increase – News

TRENT. Trentino Trasporti spa closed 2023 with a positive balance sheet of 9,464 euros. The contributions paid by the institutions for the year 2023 amount to 79.2 million, 13 less than in 2022.

The lower contribution compared to 2022 – it emerged during the shareholders’ meeting – is explained by capital gain generated by the sale of the former Atesina property in via Marconi in Trento.

The savings compared to the budget forecasts are also significant, amounting to 17.6 million, deriving for 13.6 million from the capital gain, for 1.6 million from higher state contributions for lost revenues and additional services and for the increase in fuel prices and 2.4 million from actual company savings.

2023 confirmed the tendency towards a progressive recovery in the number of passengers transported by company services with an increase of 7.1% over 2022 but still below 2019 levels. It is therefore confirmed that the pandemic has produced effects that are still present and in some cases have become structural.

President Diego Salvatore underlined the decline in debt and therefore in the degree of dependence on external financial sources, with the total debt decreased from 92.7 million in 2022 to 81.4 in 2023, and the consequent reduction in the debt ratio from 1.1 to 1.0.

In his conclusions, the president underlined how the combination of the results of the 2023 budget, the results of the customer satisfaction survey and the data collected by the company to evaluate its performance in terms of efficiency, effectiveness and quality, offers member bodies the framework of a company which, “despite the difficulties affecting the sector and involving all Italian TPL companies, intends to continue to be a protagonist of the public transport system of the province of Trento in the coming years.

Years that will see the realization of important projects activated by virtue of the extraordinary availability of financing available, as well as through the channels already present, also thanks to Pnrr funds and to those intended for the construction of works for the 2026 Winter Olympics”.

 
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