Credit: CFL
On Monday 15 June 2026, Luxembourg's national railway company, CFL, presented its 2025 annual report, reporting record financial results and highlighting continued investment in infrastructure, rolling stock and customer experience.
The report, prepared in line with the European Corporate Sustainability Reporting Directive (CSRD), outlines the CFL's financial performance and progress in supporting modern, multimodal and sustainable mobility.
According to the data, CFL increased its revenue by 7.9% from €1.215 billion in 2024 to €1.311 billion in 2025. Net profit reached a record €35.3 million, compared with €25.6 million the previous year. The group invested €158.9 million in new trains and €327.1 million in railway infrastructure on behalf of the Rail Fund.
"Our 2025 results reflect the remarkable work of our teams, which has also been recognised by our customers through our satisfaction surveys. Our culture of service quality is also reflected in our Freight Activities, which established numerous new partnerships with local and international customers in 2025, further strengthening the position of logistics 'made in Luxembourg'. By combining human expertise with investment in services, rolling stock and infrastructure, we continue to move forward together towards the future of mobility and logistics," said Marc Wengler, Chief Executive Officer of CFL.
Passenger numbers continued to grow, with 31.4 million people travelling on CFL trains during 2025, an increase of 0.6% compared with 2024. Train punctuality reached 89.6%, down slightly from 90.8% the previous year. CFL attributed the decline mainly to strike action on neighbouring rail networks and major infrastructure works at Luxembourg railway station. The company added that punctuality improved to 91.4% during the first five months of 2026.
Expanding throughout the year, the company introduced ten new Coradia trains into service, completed the refurbishment of ten TER2N-ng trains and added twelve new electric buses. It also completed the redevelopment of the Howald transport interchange and the southern approach to Luxembourg railway station while continuing construction of the new Luxembourg to Bettembourg railway line, which is scheduled to enter service in autumn 2027.
The report showed an increased customer satisfaction. CFL's Quality Barometer survey recorded a score of 3.84 out of 5, up from 3.78 in 2024. During the year, the company expanded its services by opening new Park and Ride facilities, adding 37 FLEX car-sharing stations, introducing new rail connections and opening two CFL Cactus Shoppi stores and "Le Wagon" at Luxembourg railway station.
Freight revenue increased to €291.3 million. CFL multimodal returned to profit with a net result of €3.0 million, while CFL cargo achieved a record net profit of €13.3 million. The group also secured several new international logistics contracts during the year.
CFL employed 5,345 people at the end of 2025 and recruited 466 new employees during the year.
