Additional key figures for the income, financial and assets situation
Anticipated development / € billion | 2022 | 2023 | 2023 |
Revenues adjusted | 56.3 | >56 | ~ 51 |
EBIT adjusted | 1.3 | ~ ‒1 | >‒1 |
Gross capital expenditures | 15.4 | >18 | ~ 18 |
Net capital expenditures | 6.8 | >8.5 | >8 |
Maturities | 2.2 | 2.4 | 2.4 |
Bond issues (senior) | 3.1 | >3 | >3 |
Net financial debt as of Dec 31 | 28.8 | >33 | >33 |
Based on the development to date and the current estimates for the second half of 2023, we have partially adjusted our expectations:
- Driven mainly by freight-rate development at DB Schenker, we now expect a significant decline in revenues.
- The income development in the first half of 2023 was better than expected. In the second half of 2023, however, we expect significant additional costs, especially from the upcoming collective bargaining agreements (including negative one-off effects from retroactive effectiveness) and the further ramp-up of maintenance measures in infrastructure (including negative one-off effects from the advance payments for future Federal funding). Overall, the operating loss (adjusted EBIT) should be slightly lower than previously expected, and below € 1 billion.