Deutsche Bahn returns to profit in H1 - document

BERLIN – German rail operator Deutsche Bahn will submit half-year consolidated revenue of round 420 million euros ($425.21 million), boosted by sturdy enterprise at its Schenker logistics subsidiary, a doc seen by Reuters confirmed on Wednesday.

Income on the state-owned firm rose 10% year-on-year to round 28 billion euros within the first six months of the yr, whereas earnings earlier than curiosity and taxes had been at 876 million euros, the doc confirmed.

A spokesperson for the corporate declined to touch upon the outcomes, referring to a information convention scheduled for Thursday.

($1 = 0.9878 euros)

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