ÖBB: Positive passenger development in the 2023 financial year

Despite the energy crisis, high inflation and an economic downturn in 2023, the Austrian Federal Railways (ÖBB) have performed well economically. This is primarily thanks to the positive passenger development: With almost 494 million people traveling by train or bus last year, ÖBB recorded an increase of 10,5 percent compared to 2022, thus reaching a historic high.

Overall, the ÖBB Group generated a solid plus in 2023, with earnings before taxes (EBT) amounting to 111,6 million euros. This corresponds to a decrease of 42,2 percent compared to 2022 (193,2 million euros), although this comparability is affected by a special effect in 2022.

ÖBB CEO Andreas Matthä commented: “We managed to achieve a stable profit despite the economically challenging situation. This is not least thanks to our passengers. Never before have so many people traveled by train in Austria. I am very happy about this influx and support.”