Revenue

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).