Monday 6 September 2010
News from UIC Members

Finland: VR Group’s net profit remains satisfactory

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VR Group’s CEO Mikael Aro considers the positive net result in the second quarter and the overall net result for the first half of the year as satisfactory. Major factors in the growth in operating profit were the increase in net turnover and the lighter cost structure.

According to Mr Aro, the programme of change VR Group began in autumn 2009 is progressing as planned, and is already having a visible impact on the cost structure. However, he believes the programme has to continue, so profitability can also reach a satisfactory level.

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