Income development
The economic development of DB Group continued to be shaped by the impact of the Covid-19 pandemic on passenger transport and the strong development of our transport and logistics activities. Operating profit figures again recorded a noticeable improvement. In passenger and rail freight transport, however, the situation remained under pressure:
- In the Integrated Rail System, revenue growth exceeded additional expenses from higher personnel expenses (capacity expansion and wage increases) and cost of materials (including higher energy expenses due to volume- and tariff-related increases), owing mainly to the recovery of demand in passenger and rail freight transport as well as the effects of countermeasures. The wage dispute with the GDLµ 38 and the consequences of the floodsµ 38 also curbed this development.
- The operating profit development at DB Schenker was once again very strong, driven primarily by the development in air and ocean freight.
- DB Arriva also recorded a significant recovery in its operating profit figures.
Additional information is available in the section Development of business units.