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.