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Income development
Income development
The economic development of DB Group was characterized by additional burdens, including from the expansion of measures to improve quality and availability, particularly in infrastructure, and cost increases. DB Schenker’s performance was also weaker than in the exceptionally strong first half of 2022, but remained well above pre-Covid-19 levels. The recovery in passenger transport as a result of the declining impact of the Covid-19 pandemic and a price-related improvement in performance at DB Netze Energy and DB Cargo had a positive effect.
The operating profit figures declined noticeably. In passenger and rail freight transport the situation remained under pressure.
- In the Integrated Rail System, higher expenses, particularly for materials (especially infrastructure quality measures) and personnel (capacity expansion), exceeded revenue growth as a result of the ongoing recovery in demand in passenger transport, higher concession fees and new transport services at DB Regional, and price effects at DB Netze Energy and DB Cargo.
- Operating profit development at DB Schenker was weaker, driven mainly by freight rate developments in air and ocean freight, but remained well above pre-Covid-19 levels.
- DB Arriva recorded a significant recovery in adjusted EBIT.
Additional information is available in the section Development of business units.