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Deutsche Bahn set to rake in record profits
Photo: DPA

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

Germany's rail operator Deutsche Bahn is expecting to record its biggest-ever profits in the coming year, despite the threat of an economic downturn hanging over the country, a leaked report shows.

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.

The Local/bk

The Local (news@thelocal.de)

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Your comments about this article

12:45 December 9, 2011 by Simon_Kellett
Fattening up for privatisation?

Our experiences in recent are that the UK trains are more reliable than the German !!
13:18 December 9, 2011 by Paranoid_Android
and the price of the BahnCard went up.................
13:28 December 11, 2011 by mashlakhito
@ Paranoid_Android...really? Where did you get this info from? According to their website, BahnCard is still being offered at the same price...
15:54 December 11, 2011 by davepl
Not surprising from the company that squeezes out everything they can...
16:38 December 11, 2011 by Paranoid_Android
@Mashlakhito.. the price of my BahnCard 25 went up by 2 € this year...

http://www.stern.de/reise/service/preiserhoehung-zum-11-dezember-2011-so-teuer-wird-bahnfahren-1738437.html

Sure its not much, but for a company to make record profits it's a nice way to reward its customers.
17:41 December 11, 2011 by quiller
Can you say how much does your new BahnCard cost? I am trying to get a feel for what €2 represents as regards the overall cost.
17:51 December 11, 2011 by Paranoid_Android
My BahnCard 25 (2nd Class) costs 59€.

A BahnCard 50 (2nd Class) costs 240€
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