Development largely in line with forecast of income situation
Outlook for 2018 financial year | 2017 | 2018 | 2018 | 2018 | |
Revenues (€ billion) | 42.7 | ~44 | ~43.7 | 44.0 | |
Revenues comparable (€ billion) | 42.7 | – | ~44.2 | 44.5 | |
EBIT adjusted (€ billion) | 2.15 | ≥2.2 | ~2.1 | 2.1 | |
ROCE (%) | 6.1 | ~6.0 | ~5.6 | 5.8 | |
Redemption coverage (%) | 18.7 | ≥18.5 | ~18.0 | 17.6 | |
Overall, the development of the income situation in the year under review was in line with our adjusted expectations from July 2018. As a result of the declined development in the first half-year of 2018, we had withdrawn our expectations for the operating profit. Accordingly, the expectations regarding ROCE and redemption coverage were also adjusted.
Revenues (€ million) | 2017 | 2018 | 2018 | 2018 | |
DB Long-Distance | 4,347 | 4,682 | |||
DB Regional | 8,734 | 8,968 | |||
DB Arriva | 5,345 | 5,441 | |||
DB Cargo | 4,528 | 4,460 | |||
DB Schenker | 16,430 | 17,050 | |||
DB Netze Track | 5,364 | 5,511 | |||
DB Netze Stations | 1,265 | 1,314 | |||
DB Netze Energy | 2,794 | 2,850 | |||
Above previous year's figure
At previous year's level
Below previous year's figure
At the business unit level, revenue development in the year under review was largely in line with our forecast of July 2018.
- At DB Cargo performance was weaker than expected. Here the negative effects from operational problems and resource shortages made themselves known.
- DB Netze Energy exceeded revenue expectations as a result of price and performance factors. Business development with non-Group customers was better than planned.
EBIT adjusted (€ million) | 2017 | 2018 | 2018 | 2018 | |
DB Long-Distance | 381 | 417 | |||
DB Regional | 508 | 492 | |||
DB Arriva | 301 | 300 | |||
DB Cargo | – 90 | – 190 | |||
DB Schenker | 477 | 503 | |||
DB Netze Track | 687 | 840 | |||
DB Netze Stations | 233 | 221 | |||
DB Netze Energy | 72 | 21 | |||
Above previous year's figure
At previous year's level
Below previous year's figure
The actual EBIT development for the individual business units during the year under review was largely in line with our forecasts of July 2018.
- At DB Regional performance was rather weaker than expected. Charges particularly arising from additional quality-improvement measures could not be fully compensated.
- DB Cargo performed significantly more weakly than expected owing inter alia to the negative effects of operational problems and resource shortages.