Passenger numbers for January 2025 were 11 million, which is 3.1% higher than the same month last year. The M4 extension in particular saw a strong start to the year with around 500,000 passengers in January, which is 50% above expectations. At the same time, the Metro has maintained its high operational stability.
The Board of Directors approved Metroselskabet's annual report for 2024, which shows a satisfactory profit before depreciation and amortization of DKK 244 million, an improvement of DKK 136 million compared to the previous year. The increase was partly due to approximately six million more passengers traveling on the Metro in 2024, bringing the total number of passengers to 126 million, which is the highest number of passengers in one year in Metro's history.
However, despite the growth, The Company did not fully meet total passenger expectations in 2024 - mainly due to lower growth on M3.
"Metro's financial performance reflects both solid passenger growth and efficient operations. With the opening of the M4 extension, we have strengthened the capital's infrastructure, and it is positive to see that we are exceeding our own expectations for passenger numbers at the new stations. In the coming period, we will increase our efforts to highlight the benefits of the M3 and the connection with other modes of transport," says Jørn Neergaard Larsen, Chairman of the Board of Metroselskabet.
Metroselskabet's annual report consists of three parts: the management report, the sustainability report and the financial statements. The report provides an overview of The Company's financial performance, strategic development and focus areas during the past year. It is now sent to the owners for final approval at the partnership meeting in April.
On the commercial front, The Company continues to work on developing new sources of revenue and strengthening cooperation with external partners. The Board was briefed on ongoing initiatives, including new advertising formats, better utilization of station facilities and an increased focus on data-supported marketing to attract more passengers to M3/M4.