Deutsche Bahn returns to profit in H1 - document

BERLIN - 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)