Austrian Railways to Record Profits Already in 2012

People ♦ Published: July 16, 2012; 16:58 ♦ (Vindobona)

Christian Kern, CEO of Austrian Railways, explains that the company´s restructuring is going on. The results would be better than the expectations.

Austrian Railways to Record Profits Already in 2012 / Picture: © ÖBB-Holding AG / Sabine Hauswirth

According to Kern, the first six months of 2012 were better than expected. All big divisions showed positive results. „We could achieve positive results in the first six months and are satisfied with all group segments.“ Kern said to the Austrian newspaper „Wirtschaftsblatt“.

„Unless the economy collapses, we will record positive results in 2012.“ At the moment,…