2018 Integrated Report – On track towards a better Railway

Outlook

Forward-looking statements 

This management report contains statements and forecasts pertaining to the future development of DB Group, its business units and individual companies. These forecasts are estimates based on information that is available at the current time. Actual developments and profits may diverge from the current expectations as a result of the assumptions upon which our forecasts are based not materializing or the material­ization of risks such as those presented in the Risk report.

DB Group does not assume any obligation to update the statements made within this management report.