Swedish rail maintenance company Railcare has reported consolidated net revenue of €9.79 million (SEK 111 million) for the first quarter of 2023 (Q1/2023), an increase of 16.5%. Operating profit increased to €1.15 million (SEK 13.1 million). Contracting activities in Sweden declined slightly in Q1/2023 compared to Q1/2022, but contracting activities abroad increased, especially in the UK. In addition, changes were made to the Executive Board, with Mattias Remahl becoming CEO and Lisa Borgs becoming CFO.
