THE RAILWAY INDUSTRY APPEARS OPTIMISTIC – AN INCREASING DEMAND IS FORTIFYING THE SECTOR

SCI RAILINDEX I/2024

Hamburg. The business climate of companies in the global railway industry is developing cautiously positive, with the index climbing for the fourth time in a row. Thus, the tentative upward trend in the recent months continues. Accompanied by an equally solid assessment of the current business situation and balanced expectations for the coming quarter, the current mood is contributing to the positive development of the index. Demand for products and services is increasing again for the first time: after more than a year, the downward trend has been halted for the time being - at least in the first quarter. Based on a difficult year 2023, the top managers surveyed also expect order books to be fuller again in 2024 and in the medium term for the next three to five years. This is shown by the latest SCI RAIL BUSINESS INDEX - a regular survey of top managers in the global railway industry carried out by consulting company SCI Verkehr.

The SCI GLOBAL RAIL INDEX is based on approximately 100 reports from representative companies in the global rail industry. The companies are regularly asked to assess their current business situation and their expectations for the coming three months. They can indicate their situation as "good", "satisfactory" or "poor" and their business expectations for the coming six months as "more favourable", "stable" or "less favourable". The balance value of the current business situation is the difference between the percentages of the answers "good" and "bad", the balance value of the expectations is the difference between the percentages of the answers "more favourable" and "less favourable". The business climate is a transformed mean value from the balances of the business situation and the expectations.

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