* 8-mo operating profit sinks 47 percent to 950 mln euros
* Plans up to 2,000 admin job cuts
(Adds details, company reaction)
BERLIN, Oct 28 (Reuters) - German railway operator Deutsche Bahn AG's operating profit sank 47 percent in the first eight months of 2009 and it is planning up to 2,000 admin job cuts, a document seen by Reuters on Wednesday showed.
The group's earnings before interest and tax (EBIT) slumped to 950 million euros ($1.4 billion) by the end of August, around half the level of the same period last year, while revenue fell 14.5 percent to 19 billion euros, according to the document.
The company expects further profit over the last quarter, partly due to cost savings, and still hopes to achieve its goal of an operating profit of 1.8 billion euros in 2009, versus 2.5 billion in 2008.
A spokesman for Deutsche Bahn declined to comment on the figures, but said the company was still turning a profit.
The railway operator wants to cut between 1,700 and 2,000 jobs in administration over the next two years, saving 125 million euros by 2011, the document showed.
Germany's new centre-right government led by Chancellor Angela Merkel has agreed it wants to sell state shareholdings although it has fixed no deadlines for any specific sales.
The partial privatisation of Deutsche Bahn was shelved last October due to weak markets. The IPO would have been Germany's largest since 2000. (Reporting by Markus Wacket; Writing by Sarah Marsh; Editing by David Holmes) ($1=.6740 Euro)