PKP Cargo reports PLN 114.4m loss in Q1

Railway transport company PKP Cargo ended the first quarter with an attributable net loss of PLN 114.4m and EBITDA of PLN 90m. The results are in line with the preliminary estimates released earlier, according to the company's quarterly financial report. PKP Cargo is a logistics operator and part of the PKP Group in Poland. It is the largest railway freight carrier in Poland and the second largest in the European Union. PKP Cargo is listed on the Warsaw Stock Exchange. The company's largest shareholder is PKP S.A.