Lisbon Metro expects profits in 2025
Lisbon’s metro company, Metropolitano de Lisboa, expects to get out of the red in 2025 to show a positive net growth of €9.3 million in 2025.
This follows years of consecutive losses which in 2024 are estimated to be €12.8 million compared to the €24 million loss posted in 2023.
The public transport company expects to sell around six hectares of land from the former Parque de Materias and PMO I workshops at Sete Rios in Lisbon.
According to its 2024 Activities and Budget Plan which was revised half way through the year and has now been published, Lisbon Metro has presented its three-year strategy in which it foresees an increase in operational revenues with increased revenues from Metro monthly passes and overall ticket sales.
The company expects a business turnover of €139.7 million in 2024, €142.6 million in 2025 and €158.9 million in 2026 with tariff revenues growing from €112.8 million in 2024 to €120.3 million in 2025 and €€129.1 million in 2026.
Also contributing to non-ticket sales turnover from 2024 will be a public service obligation offset of €4.3 million this year and €7.4 million in 2026.
No figures were given for 2025 because of an estimated extraordinary operational result factoring in the sale of the PMO I land at Sete Rios which in 2019 was valued at €30 million.
