At the meeting, the Board of Directors approved the Company's interim financial statements for the first half of 2023. The Company's financial statements show that 59.5 million passengers traveled on the Metro during the period, which is an increase of 15 percent compared to the same period last year. The Company had expected an increase of 20%, but passenger numbers for M3/M4 were below expectations for the first half of 2023. The Board of Directors took note that the total passenger numbers for the full year 2023 are estimated at 122 million passengers in the interim financial statements for the first half of 2023. In comparison, The Company realized a passenger number of 108 million in 2022.
"Since the opening of the M3 line, total passenger numbers in the Metro have almost doubled from 65 million annual passengers in 2018 to an expected 122 million annual passengers in 2023. The long-term budget assumes a growth in passenger numbers based on a 5-year recovery of the M3 line in the period after COVID-19. However, the speed and steepness of the increase in ridership is uncertain in the short term. Metroselskabet expects to reach the full passenger potential of the Metro of 180 million annual passengers in 2028," says Jørn Neergaard Larsen, Chairman of the Board of Metroselskabet.
In 2024, the extension of the M4 to København Syd (Ny Ellebjerg today) will open with five new stations, and the board received an update on the construction work. Prior to the opening, a number of testing and safety activities will be carried out to upgrade the control system, which will affect M3 and M4, including periodic closures. The Board was informed that The Company is currently working to clarify the period for testing and safety activities, which will be optimized to affect as few passengers as possible and take into account other critical maintenance work and major events in the city.
The Board also received an update on the operation of the Metro, which in July ran with a punctuality of 99.5%. The Company also informed the Board that the Company has entered into an agreement with the operator to put more trains in operation during rush hour on the M1/M2 from autumn 2023. More trains in operation means that customers in the coming winter season will experience increased capacity in the Metro and shorter time between departures.