Can SNCF back the growth of its subsidiaries?
The relative financial stability that the SNCF Group experiences after years brings a positive message to the French rail freight and logistics market. Nevertheless, the revenue growth noticed in 2021 and the first half of 2022 might not be rough to support the expansion plans of its subsidiaries. For instance, SNCF’s logistics subsidiary Geodis might soon be looking for external investors to finance much-needed acquisitions.
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