| 
Railhub Archive
1999-11-04 ORR-001
Office of the Rail Regulator0
Railtrack’s Interim Results
keywords: click to search
 Office of the Rail Regulator
ORR
 
Phrases in [single square brackets] are hyperlinks in the original document
Phrases in [[double square brackets]] are editorial additions or corrections
Phrases in [[[triple square brackets]]] indicate embedded images or graphics in the original document. (These are not usually archived unless they contain significant additional information.)
| |
  Railtrack’s Interim Results
_______________________________________________________________
type Press release
note ORR/99/47
Commenting on today’s announcement by Railtrack of its interim results which show half year pretax profits of £236m, the Rail Regulator, Tom Winsor, said: "The level of revenues and profits is a matter for the periodic review and I will be issuing my provisional conclusions next month.
"However, I must emphasize that it is the Regulator who decides what the level of access charges should be and what Railtrack should deliver for those charges
"On Railtrack’s performance so far this year, I am hopeful that my publication of a draft enforcement order has had the desired effect and that their achievements will be mirrored in no penalty payments being paid."
Railhub Archive ::: 1999-11-04 ORR-001
| |
| |
