Railtrack's interim results
|
4 November 1999 Commenting on today's announcement by Railtrack of its interim results which show half year pre tax 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 Railtracks 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." Copyright © 2002 Office of the Rail Regulator |
