By Quintus Vosman, International Railway Journal; August 16, 2019
CZECH train and bus operator Leo Express generated a profit for the first time last year, according to the firm’s annual results, which were published this week.
Leo Express made a profit of around Koruna 2.5m ($US 107,709) after taxes and Ebitda reached Koruna 90m. The operator is on course to exceed this figure in 2019, with first half Ebitda of Koruna 62m, a 58% increase compared with the first six months of 2018.