Outlook

Development of DB Group

  • Progress in implementing the Strong Rail strategy.
  • Capital expenditure activities continue to grow.
  • Revenue and profit development is expected to be positive again.
  • High capital expenditures are a burden on debt development.

Our forecasts for the development of DB Group and the business units in the 2024 financial year are based on our expectations of developments in the market, competition and environment, and the success of the implementation of planned measures.

The business development of DB Group in 2024 is expected to continue to be characterized by burdens due to the high energy, purchasing and personnel costs. In addi­­­­tion, measures to improve and maintain quality, especially in the track infrastructure, have an impact on DB Group devel­­opment. The weak economic development in Germany and Europe is also expected to dampen development in 2024. Countermeasures should partially compensate for this.

January 2024 saw extensive strike measures by the GDL. If there are further extensive strike measures during the course of the year, this is expected to have a significant impact on the development of the business units in the Integrated Rail System, which are not included in the current forecast.

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