The train operator recorded record profits after a series of major events across the region
The business behind the train operator generated a turnover of £185.6m for the 12 months to January 7, 2023, newly-filed accounts with Companies House have revealed. The total compares to the £163m it achieved in the prior year.
Merseyrail was awarded a 25 year deal in 2003 to provide rail services on behalf of Merseytravel and has two 50% shareholders, Serco Group and Abellio. It has 68 stations, with terminus sites at Southport, Ormskirk, Kirkby and Hunts Cross on the Northern line and New Brighton, West Kirby, Chester and Ellesmere Port on the Wirral line.
"FY 2023 saw passenger confidence grow as large-scale events returned to the region. As a result, our revenue recovery and growth for FY 2023 has been strong and we are now operating at 85% of pre-pandemic levels.
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