Deutsche Bahn returns to profit in H1 - document
BERLIN (Reuters) - German rail operator Deutsche Bahn will post half-year consolidated profit of around 420 million euros ($425.21 million), boosted by strong business at its Schenker logistics subsidiary, a document seen by Reuters showed on Wednesday.
Revenue at the state-owned company rose 10% year-on-year to around 28 billion euros in the first six months of the year, while earnings before interest and taxes were at 876 million euros, the document showed.
A spokesperson for the company declined to comment on the results, referring to a news conference scheduled for Thursday.
($1 = 0.9878 euros)
(Reporting by Markus Wacket; Writing by Riham Alkousaa; Editing by Jan Harvey)