Situation.
Margin pressure from rising track-access charges and energy cost.
Cost out.
Passenger rail operator
Challenge.
Approximately half the cost base was contractually or regulatorily committed, narrowing addressable scope to approximately EUR 350m.
What we did.
Separated addressable and committed costs, set targets on the addressable base and built an initiative portfolio with named owners.
The outcome.
An approximately EUR 31m programme, or 9% of addressable cost, on a baseline the organisation accepted as defensible.
Anonymised engagement. Figures are approximate. Targets, assessed potential, approved programmes and realised results are described separately in the outcome. Converted amounts use ECB reference rates dated 18 September 2026, rounded to two significant figures.
More Cost Out cases →Facing a similar challenge?
Contact Bearaco’s partners
Let's talk