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German Trains Report High Increases in Passenger NumbersAugust 23, 2012 By: Jena Tesse Fox
More good news from Europe's rail scene: Germany's Deutsche Bahn trains are reporting that during the first six months of 2012 the number of passengers (excluding Arriva) rose over the same year-ago figure by almost 40 million to over one billion, or about four percent.
DB’s revenues increased by 3.3 percent to $24.5 billion during the first half of 2012. Adjusted results from operations (adjusted EBIT) increased by 16.6 percent to $1.6 billion.
Contributions made by the various Deutsche Bahn business units to the overall favorable results varied. Volumes sold posted by the rail passenger transport segment (excluding Arriva) increased by 4.4 percent or 1.7 billion passenger kilometers (Pkm) to 39.7 billion Pkm. In contrast, bus transport (excluding Arriva) fell by 6.1 percent to 383.4 million passengers.