Revenue
Higher Government grants recognized in income drive significant improvement in profits.
Profit development remains under pressure – burdened by effects from collective bargaining agreements, strikes and weak service quality.
Countermeasures to improve profits in the short and medium term as part of the S3 restructuring program.
| Revenues / € million | 2024 | 2023 | Change | |
|---|---|---|---|---|
| Absolute | % | |||
| Revenues 1) | 26,203 | 26,087 | +116 | +0.4 |
| Special items | 24 | 3 | +21 | – |
| Revenues adjusted 1) | 26,227 | 26,090 | +137 | +0.5 |
| Changes in the scope of consolidation | – | –412 | +412 | –100 |
| Exchange rate changes | –16 | – | –16 | – |
| Revenues comparable | 26,211 | 25,678 | +533 | +2.1 |
| Adjusted revenues (including discontinued operations) 1) | 47,176 | 49,236 | –2,060 | –4.2 |
| thereof discontinued operations 1) | 20,949 | 23,146 | –2,197 | –9.5 |
1) Figure for 2023 adjusted due to the reclassification of DB Schenker.
Revenue development was on a par with the previous year. Revenue growth above all at DB Regional (in particular from the dynamization of concession fees) and DB InfraGO was almost completely offset, above all by the negative effects of the GDL strikes, persistently high construction-related restrictions in the infrastructure, a lack of economic impetus (in particular at DB Cargo) and declining volumes 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.
The decline in revenues of the discontinued operations was mainly due to the fact that in 2024 DB Arriva was no longer included in the consolidated financial statements for the full year as a result of the completed sale. DB Schenker’s revenues were roughly on a par with the previous year.
Revenue Structure
| External revenue structure adjusted (continuing operations) / % | 2024 | 2023 | Change in percentage points |
|---|---|---|---|
| DB Long-Distance | 21.6 | 22.0 | –0.4 |
| DB Regional | 38.5 | 36.5 | +2.0 |
| DB Cargo | 19.3 | 20.2 | –0.9 |
| DB InfraGO | 11.6 | 10.8 | +0.8 |
| DB Energy | 5.7 | 7.5 | –1.8 |
| Other | 3.3 | 3.0 | +0.3 |
| DB Group | 100 | 100 | – |
Figures for 2023 adjusted due to the reclassification of DB Schenker.
The revenue structure (continuing operations) has not changed significantly in 2024. Among other things, DB Regional’s share of revenues increased as a result of higher concession fees. By contrast, the share of revenues generated by DB Energy, among others, declined as a result of falling volumes.
The change in presentation of DB Schenker also has a significant effect on the share of the other business units, as DB Schenker’s share of DB Group revenues in the previous year was about 42% and, as a result of the highly international nature of its business, on the share of revenues generated in regions outside Germany.