Revenues
Revenues / € million | H 1 | Change | H 1 2019 | ||
2023 | 2022 | absolute | % | ||
Revenues | 24,972 | 27,968 | –2,996 | –10.7 | 22,014 |
Special items | 1 | 1 | – | – | –1 |
Revenues adjusted | 24,973 | 27,969 | –2,996 | –10.7 | 22,013 |
thereof Integrated Rail System | 12,989 | 11,727 | +1,262 | +10.8 | 10,958 |
Changes in the scope of consolidation | –282 | –449 | +167 | –37.2 | ‒ |
Exchange rate changes | 197 | – | +197 | – | ‒ |
Revenues comparable | 24,888 | 27,520 | –2,632 | –9.6 | 22,013 |
thereof Integrated Rail System | 12,998 | 11,727 | +1,271 | +10.8 | 10,958 |
Revenues decreased mainly as a result of the development of freight rates at DB Schenker. The increase in revenues of the business units of the Integrated Rail System had a partially offsetting effect. The main drivers in the Integrated Rail System were the ongoing recovery in demand, price effects at DB Long-Distance and DB Netze Energy, higher concession fees and new transport services at DB Regional, and price-related growth at DB Cargo.
At DB Arriva, revenues decreased mainly due to the sale of activities in non-core countries, lower government support measures and exchange rate effects. Covid-19 recovery effects and new transport services had an offsetting positive effect.
Special items continued to be irrelevant for revenue development.
Changes in the scope of consolidation and exchange rate changes also had no material impact:
- The effects of changes to the scope of consolidation related to DB Schenker (€ +280 million) and DB Regional (€ +2 million) in the first half of 2023, as well as to DB Schenker (€ –225 million) and DB Arriva (€ –224 million) in the first half of 2022.
- The effects of exchange rate changes applied primarily to DB Schenker (€ –150 million) and DB Arriva (€ –36 million).
Revenue structure
In the first half of 2023, the revenue structure shifted significantly in favor of the Integrated Rail System again, mainly as a result of freight rate normalization at DB Schenker. The ongoing recovery in demand for passenger transport had a supporting effect.
Adjusted external revenues by regions / € million | H 1 | Change | H 1 2019 | ||
2023 | 2022 | absolute | % | ||
Germany | 14,424 | 14,051 | +373 | +2.7 | 12,457 |
Europe (excluding Germany) | 6,710 | 8,121 | –1,411 | –17.4 | 6,836 |
Asia/Pacific | 1,994 | 3,120 | –1,126 | –36.1 | 1,504 |
North America | 1,472 | 2,208 | –736 | –33.3 | 947 |
Rest of world | 373 | 469 | –96 | –20.5 | 269 |
DB Group | 24,973 | 27,969 | –2,996 | –10.7 | 22,013 |
Revenue development varied by region:
- In Germany, the development in the Integrated Rail System was largely offset by a significant revenue decline at DB Schenker.
- In the other regions, the significantly weaker revenue development was driven by declines at DB Schenker.