The earnings for A-Train, the company that operates the Arlanda Express, indicate somewhat declining profits but higher revenue in 2017 than in 2016. The reason behind the declining earnings is that A-Train has now begun paying back its loan from the Swedish state. The number of passengers on the Arlanda Link continues to steadily increase.
A-Train had sales of MSEK 911 in 2017, and reported profit after financial items of MSEK 362. The company’s earnings for 2016 triggered the conditions under which A-Train is to begin paying back the loan of SEK 1 billion that the Swedish state issued in a loan agreement in 1995. The loan was a necessity for finding a partner that was willing to build the Arlanda Link.
The payment conditions for this “royalty” loan are governed by A-Train’s economic situation. A payment of MSEK 43 was made for 2016, and the company will pay a further MSEK 46 for 2017 this year. Currently, the forecast is that the company will pay back a total of SEK 3 billion.
The number of passengers increased from 5.6 million in 2016 to 5.8 million last year. In addition to the Arlanda Express, the Arlanda Link is served by SL and UL, which run commuter trains, and SJ, which runs long-distance trains.
“I am pleased by the fact that more and more people are choosing environmentally friendly travel between Stockholm and Arlanda Airport. Our company is doing well, and our passengers appreciate the high level of service. Our goal is to be the world’s best airport train,” says A-Train’s CEO Per Thorstenson. For further information, please contact:
Per Thorstenson, CEO Arlanda Express
Tel: +46 (0)8 588 890 20, Mobile: +46 (0)73 688 90 20
About Arlanda Express
Arlanda Express is the airport express train linking Stockholm’s Central Station and Stockholm Arlanda Airport. Trains depart six times an hour in peak-time traffic and every fifteen minutes at other times. The journey takes no more than 20 minutes. Arlanda Express has been awarded the Swedish Society for Nature Conservation’s eco-label “Good Environmental Choice”. The service began in 1999. 75 million passengers have now travelled on the Arlanda Link between Stockholm city centre and Stockholm Arlanda Airport and 3.7 million passengers travelled with Arlanda Express in 2017.