Deutsche Bahn reports jump in profits
Germany's state-owned national rail company Deutsche Bahn (DB) Thursday reported a huge jump in profits for the first six months of 2007, ahead of moves towards privatization. Earnings before interest and tax (EBIT) shot up 44.4 per cent to 1.35 billion euros (1.82 billion dollars) compared to the corresponding period of last year, DB said in a statement.
Profits, at 868 million euros, were some 38 per cent above the 624 million euros in the first half of 2006, while turnover increased 5.8 per cent to 15.3 billion euros, the rail operator said.
No comments:
Post a Comment