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TI Logistics Briefing & News - Schenker helps Deutsche Bahn lay foundation for IPO.
0 Comments | M2 Presswire, August, 2006
M2 PRESSWIRE-15 August 2006-Transport Intelligence Ltd: TI Logistics Briefing & News - Schenker helps Deutsche Bahn lay foundation for IPO(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:15082006 Global rail and logistics group Deutsche Bahn AG has released details of its first half performance.
The company set records in transport performance, revenues and operating profit and rail freight transport performance reached a new peak. Revenues rose by 19.1 percent to *14.5 billion due to significant increases in rail transport and international logistics (first six months of 2005: *12.2 billion). On a comparable basis, excluding the newly acquired US logistics services provider BAX Global, revenues rose by 8.1 percent. The operating profit (EBIT) showed a significant...
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