March 11, 2020 / 4:14 PM / a month ago

Exclusive: Deutsche Bahn's 2019 EBIT falls short of €1.9 billion goal - sources

FILE PHOTO: A locomotive engine of German railway Deutsche Bahn is seen at the main train station in Frankfurt, Germany, March 27, 2019. REUTERS/Kai Pfaffenbach

FRANKFURT (Reuters) - German rail operator Deutsche Bahn will post a full-year operating profit of 1.84 billion euros (1.6 billion pounds), falling short of its goal of achieving earnings before interest and taxes of 1.9 billion euros, company sources told Reuters.

Revenue came in at 44.2 billion euros, below the 45 billion euros targeted by the company management, these sources said.

Deutsche Bahn declined to comment on the figures and said it would release full-year earnings on March 26.

Reporting by Markus Wacket; Writing by Edward Taylor; Editing by Riham Alkousaa

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