Development of DB Group
- Development of DB Group in 2021 will continue to be strongly influenced by the consequences of the Covid-19 pandemic.
- Despite restrictions related to the Covid-19 pandemic, we are still implementing the Strong Rail strategy.
- Capital expenditure activity remains at a high level.
- Profit development probably significantly above the previous year’s level.
Our forecasts for the development of DB Group in the 2021 financial year are based on our expectations of developments in the market, competition and environment, and the success in implementing the planned measures. Another very important basic assumption is that we expect the recovery trend that has been visible since spring 2021 to continue, and that there will be no further noticeable setbacks related to the Covid-19 pandemic. Opportunities and risks in relation to our forecast for the 2021 financial year are presented in the opportunity and risk report.
Overall, the situation continues to be characterized by great uncertainty in terms of the development of the Covid-19 pandemic and the speed of recovery. Furthermore, it cannot be estimated whether, to what extent and with what impact, industrial action by the GDL could take place. The consequences of the floods in Germany are currently not yet assessable as well.