Development of DB Group

• DB Group’s development in 2022 will continue to be driven by the consequences of the Covid-19 pandemic. Demand in rail passenger transport will, however, develop better than previously expected.
• Punctuality and customer satisfaction will develop more weakly than previously expected.
• Expectations for revenue and profit development adjusted significantly upward. 
• Continuing to push ahead with the implementation of the Strong Rail strategy.
• Capital expenditure activities continue to grow.

Despite the current upward trend, there are uncertainties regarding the further development of the Covid-19 pandemic and the possible impact on mobility behavior. Our forecasts are based on the assumption that the effects of the Covid-19 pandemic will not increase noticeably again. It is also impossible to estimate whether, to what extent and with what impact there could be possible bottlenecks in energy supplies in Europe as a result of the war in Ukraine, which would lead to further massive burdens on energy prices.