Income situation

• Revenue and profit development under significant pressure – burdens due to strikes and poor service quality in the Integrated Rail System.
• Countermeasures to improve profit situation in the short and medium term.
• Significant cost burdens, particularly for personnel due to tariff effects.
• Further freight rate normalization influences revenue development at DB Schenker – operating result still well above pre-Covid-19 level.
• Higher Government grants affecting income will only be paid out in the second half of 2024.