Business development

Revenues

Revenues (€ million)

H1

Change

2020

2019

absolute

%

 

Revenues

19,423

22,014

– 2,591

– 11,8

  Special items

– 1

+ 1

– 100

Revenues adjusted

19,423

22,013

– 2,590

– 11,8

     thereof integrated rail system

9,036

10,958

– 1,922

– 17,5

  Changes in the scope of consolidation

– 17

– 41

+ 24

– 58,5

  Exchange rate changes

63

+ 63

Revenues comparable

19,469

21,972

– 2,503

– 11,4

     thereof integrated rail system

9,021

10,917

–1,896

–17,4

Revenues fell significantly mainly as a result of Covid-­­19-related declines in demand for passenger and freight transport. In addition, the cessation of the Arriva Rail North Franchise and the downturn at DB Cargo triggered by the economic conditions had a negative impact. By contrast, growth in revenues, mainly performance-­­related, at DB Long-­­Distance and DB Netze Track in particular has had a positive impact in the first two months of 2020.

Changes in the scope of consolidation and exchange rate changes had no noticeable effect:

  • The effects of changes in the scope of consolidation related to DB Long-­­Distance (€ –38 million), DB Netze Stations (€ –3 million) and DB Cargo (€ +17 million).
  • The effects of exchange rate changes applied primarily to DB Schenker (€ –52 million) and DB Arriva (€ –9 million).

Revenue development of business units

External revenues by business units
(€ million)

H1

Change

2020

2019

absolute

%

 

DB Long-­­Distance

1,417

2,310

– 893

– 38.7

DB Regional

3,676

4,361

– 685

– 15.7

DB Cargo

1,845

2,141

– 296

– 13.8

DB Netze Track

877

812

+ 65

+ 8.0

DB Netze Stations

292

303

– 11

– 3.6

DB Netze Energy

601

640

– 39

– 6.1

Other

228

280

– 52

– 18.6

Integrated rail system

8,936

10,847

– 1,911

– 17.6

DB Arriva

2,058

2,687

– 629

– 23.4

DB Schenker

8,429

8,491

– 62

– 0.7

Consolidation other

–12

+12

–100

DB Group adjusted

19,423

22,013

– 2,590

– 11.8

External revenue development of the carriers in the integrat­ed rail system declined significantly. The development of the infrastructure business units was more stable, and DB Netze Track even showed an increase in external revenues as a result of the expansion of the performance of non-­­Group railways. In addition to the effects of the Covid-19 pandemic, the cessation of the Arriva Rail North Franchise in March 2020 led to a considerable decline in revenues at DB Arriva. DB Schenker’s revenues remained fairly stable.

Revenue structure

As a result of the decline in revenues in the business units of the integrated rail system and at DB Arriva combined with relatively stable revenue performance at DB Schenker, the revenue structure shifted slightly in favor of DB Schenker in the first half of 2020.

External revenues by regions
(€ million)

H1

Change

2020

2019

absolute

%

 

Germany

10,557

12,457

– 1,900

– 15.3

Europe (excluding Germany)

5,934

6,836

– 902

– 13.2

Asia/Pacific

1,665

1,504

+ 161

+ 10.7

North America

1,022

947

+ 75

+ 7.9

Rest of world

245

269

– 24

– 8.9

DB Group adjusted

19,423

22,013

– 2,590

– 11.8

The regional revenue development took a downward trend:

  • In Germany, revenues fell significantly. This was particularly due to Covid-­­19-related declines in demand at DB Long-­­Distance, DB Regional and DB Cargo.
  • The revenue performance in Europe (excluding Germany) was also weaker. In addition to the effects of Covid-19, the cessation of the Arriva Rail North franchise and negative exchange rate effects also impacted the development of revenues.
  • In the Asia/Pacific and North America regions, revenues increased mainly due to price effects. Exchange rate effects had a dampening effect.

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