Deutsche Bahn set to rake in record profits
Published: 09 Dec 2011 08:35 GMT+01:00
Updated: 09 Dec 2011 08:35 GMT+01:00
According to an internal report seen by the Tagesspiegel newspaper, the Bahn is aiming to make €2.75 billion before tax in 2012, a fifth more than in the current year.
A third of the profits are expected to be gleaned from the 34,000 kilometres of railtracks that the operator owns, while another third will come from the state-subsidized regional transport system.
Deutsche Bahn is even planning to extend its profit margin to €3.85 billion by 2016, the report said.
A spokesman for Deutsche Bahn refused to comment on the figures, because planning for the next year will be discussed by the railway's executive board next week.