Fuel, tolls, additional costs, trips to departure are overpriced.
We’re talking about it this morning @pascalperri on @LCI pic.twitter.com/9woqpmc22p
– La Matinale LCI (@LaMatinaleLCI) July 8, 2022
On February 1, fares went up again. And this time, more than ever, the growth is breaking all records, and the average is 4.75%. Unheard of, whereas last year it was only 2%, which has already barely passed to motorists. This increase is largely due to inflation, and companies have the right to transfer up to 70% of the latter in price increases. Network maintenance work is also included in the calculation. Be that as it may, companies will benefit the most from this price increase, as confirmed by the report of the General Inspectorate of Finance.
Why is this important? The first motorway without a toll barrier opens in Allier: a model for the future? – https://t.co/TX5r8CJ1uh
— ASFA Autoroutes (@ASFAutoroutes) July 1, 2022
Unbelievable profits
But how much do duties bring to management companies SANEF, Vinci or APRR ? As you can imagine, these are clearly very large sums. The report details the profits made in 2021 and it’s enough to make your head spin. The various companies thus achieved a net profit of 3.9 billion euros. AND 47% growth compared to 2020, a year of lockdowns and movement restrictions. Thus, profit increased by 11% compared to the previous year, despite the price increase, which was reasonable.
But not for the benefit of the state
But if the profits have increased, then, unfortunately, this will not benefit the state, which entrusts the management of highways to these private companies. Thus, first of all, shareholders were able to reap the benefits of this increase dividends increased by 38.5% in 2021. And there’s no doubt that the numbers in 2022 will be much higher, although the government regrets this situation where profits are too high, to the detriment of users who are paying more and more for no good reason.
👉 Until 2024, toll barriers along the A13, a #highway known for its traffic jams, will be removed.
But this fast lane won’t be free. 🛣 https://t.co/Ta51VaGjzR pic.twitter.com/IucQnLc7Jw
— Allianz Asselin Caen (@allianzasselin) July 7, 2022
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.