Revenues
Revenues / € million | H 1 | Change | ||
2024 | 2023 | absolute | % | |
Revenues 1) | 22,310 | 23,004 | –694 | –3.0 |
Special items | 0 | 1 | –1 | –100 |
Revenues adjusted 1) | 22,310 | 23,005 | –695 | –3.0 |
thereof Integrated Rail System | 12,938 | 12,989 | –51 | –0.4 |
Changes in the scope of consolidation | – | –20 | +20 | –100 |
Exchange rate changes | 60 | – | +60 | – |
Revenues comparable | 22,370 | 22,985 | –615 | –2.7 |
thereof Integrated Rail System | 12,928 | 12,986 | –58 | –0.4 |
Revenues adjusted (incl. discontinued operations) | 24,040 | 24,973 | –933 | –3.7 |
thereof discontinued operations | 1,730 | 1,968 | –238 | –12.1 |
1) Value for the first half of 2023 adjusted due to reclassification of DB Arriva.
The decline in revenues in DB Group was driven primarily by the freight rate normalization at DB Schenker. Overall, revenue development of the business units in the Integrated Rail System was approximately at the level of the first half of 2023. Revenue growth, especially at DB Regional (mainly from the regular increase of concession fees) and DB InfraGO, was completely offset by negative effects, especially from strikes, continuing high construction-related restrictions in the infrastructure, a lack of economic momentum (especially at DB Cargo) and a decline in volume at DB Energy.
Special items continued to be irrelevant for revenue development.
Changes in the scope of consolidation and exchange rate changes also had no material impact:
- In the first half of 2023, the effects of changes in the scope of consolidation related to DB Schenker (€ –17 million) and DB Regional (€ –3 million).
- The effects of exchange rate changes applied primarily to DB Schenker (€ –70 million) and DB Cargo (€ +10 million).
The decline in revenues in discontinued operations was mainly due to the fact that DB Arriva was only included in the consolidated financial statements for five months due to the completed sale.
Revenue structure
Values for the first half of 2023 adjusted due to reclassification of DB Arriva.
The revenue structure did not change significantly in the first half of 2024.
Values for the first half of 2023 adjusted due to reclassification of DB Arriva.
Adjusted external revenues by regions / € million | H1 | Change | ||
2024 | 2023 | absolute | % | |
Germany | 14,177 | 14,424 | –247 | –1.7 |
Europe (excluding Germany) 1) | 4,561 | 4,743 | –182 | –3.8 |
Asia/Pacific | 1,845 | 1,993 | –148 | –7.4 |
North America | 1,369 | 1,472 | –103 | –7.0 |
Rest of world | 358 | 373 | –15 | –4.0 |
DB Group 1) | 22,310 | 23,005 | –695 | –3.0 |
1) Value for the first half of 2023 adjusted due to reclassification of DB Arriva.
There were also no significant changes in the regional revenue structure:
- In Germany, the development was driven by revenue declines at DB Schenker. In the Integrated Rail System, revenues were at the level of the first half of 2023.
- In the other regions, the weaker revenue development was also driven by declines at DB Schenker.