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Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds

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Source

Release date

August 2024

Region

United Kingdom

Survey time period

2017-2024

Special properties

Financial year ends in March 31

Supplementary notes

Figures preceding 2022/23 were taken from earlier editions of the report 
The source states that in the most and preceding fiscal years, the company achieved operating profits of approximately three billion British pounds. The source attributes the decline in profitability, as shown in the graph, to an additional £1.4 billion in indexation uplift when valuing the legacy RPI-linked debt. This increase in the value of its debt, is a consequence of significantly higher inflation than the previous year.

Citation formats

Network Rail's PBT 2017-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 12, 2024

Network Rail Limited experienced a notable shift in its profit before tax (PBT) in the most recent financial years. The company reported a PBT of *** million British pounds in 2021/22. However, the subsequent financial year it saw a substantial decline in profitability, with PBT dropping to billion British pounds. In 2023/24 returned to a profit of over *** billion British pounds.

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