Company Overview of Network Rail Limited
Network Rail Limited, together with its subsidiaries, owns, operates, and manages railway infrastructure in the United Kingdom. Its railway infrastructure includes tracks, signals, tunnels, bridges, viaducts, level crossings, and stations, as well as rail timetablings. The company also leases commercial space to small and medium sized enterprises; and various residential properties, which include garden and amenity land, small commercial lettings, private residential parking spaces, and temporary rights of access, as well as and grants easements and wayleaves to statutory providers of utilities and telecom networks, and licenses for commercial companies to run pipes and cables; and manages f...
1 Eversholt Street
London, NW1 2DN
Founded in 2002
Key Executives for Network Rail Limited
Chief Executive and Director
Group Finance Director, Director and Member of Executive Committee
Route Managing Director of Wales
Managing Director of National Supply Chain
Compensation as of Fiscal Year 2015.
Network Rail Limited Key Developments
Network Rail Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2015
Nov 26 15
Network Rail Limited reported unaudited consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported revenue of £3,141 million against £3,122 million a year ago. Operating profit was £898 million against £967 million a year ago. Profit before tax was £246 million against £321 million a year ago. Net cash from operating activities was £1,518 million against £975 million a year ago. Capital expenditure was £3,208 million against £2,896 million a year ago. Profit for the period was £127 million against £281 million a year ago. Purchases of property, plant and equipment was £3,079 million against £3,239 million a year ago.
Britain Government Seeks Privatization Of Assets
Nov 25 15
Britain Government seeks privatization of assets. As part of another £5 billion privatisation spree, the Government said it would explore the sale of its 49% stake in the NATS Holdings Limited (NATS). The row emerged as the Treasury said it would also allow Network Rail Limited to sell assets and reinvest the money in infrastructure. The Government confirmed it is pressing ahead with the reprivatisation of the UK Green Investment Bank PLC.
Network Rail To Sell Assets
Nov 25 15
Network Rail Limited intends to sell £1.8 billion of non-core assets. Peter Hendy, Chairman, claimed "the bulk" of its upgrade plans will go ahead, although some will be completed later than originally scheduled. He announced the plan to sell assets in a review into Network Rail's £12.5 billion enhancement plan for 2014-19, which he found was "undeliverable".
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