Revenues developed positively. The growth occurred broadly across the business units and was largely driven by performance gains.
The marked improvement in the profit before taxes on income was more than compensated by the development of the income tax position. This was impacted by the sharply declined development of DB AG’s deferred tax position, mainly because of lower expected results. It was alson affected by the risks of higher foreign taxes on income and increases in anticipated taxable losses that are not expected to be available for offsetting. The net profit for the year (profit after taxes on income) therefore fell sharply.
Earnings per share developed accordingly.
Differentiated environment for global and European transport markets
Economic environment weakened and political uncertainties cause nervousness in the energy market ...Read more
Stable financial position
Interest rate level rose slightly, financial management stable, ratings stable ...Read more
Value management figures under pressure
At DB Group, profitability is a material requirement for financing capital expenditures in our core business, further developing our businesses and seizing opportunities for future growth...Read more
Asset situation stable
Net financial debt rose significantly as of December 31, 2018. This resulted mainly from higher capital requirements for capital expenditures and working capital...Read more
Development of business units - Passenger transport
Development in the German and European passenger transport market was differentiated in 2018...Read more
Development of business units - Freight transport and logistics
In 2018, the German freight transport market grew for the sixth consecutive year...Read more
Development of business units - Infrastructure
Here you will find information about the development in the business unit Infrastructure ...Read more
Development - Subsidiaries and other
The unit Subsidiaries and other comprises the group functions as well a s the administrative service units of the holding company DB AG.Read more