Deutsche Bahn reported a trading update today in which it disclosed an “operating loss as expected: adjusted EBIT of EUR -964 million”.
That’s a net operating loss before interests to be paid on debts and taxes of about €2.7m daily.
Other takeaways:
– “Upfront maintenance expenses of EUR 1 billion for infrastructure overhaul”
– “Continued increase in demand for passenger service”
– “Positive EBIT of over EUR 1 billion planned for 2024”
It added:
“DB Group generated …
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