2017 Integrated Report – Departure into a new era

Minor deviations from the projected income situation

Outlook for 2017 financial year

2016

2017
(March 2017
forecast)

2017
(July 2017
forecast)

2017

Revenues (€ billion)

40.6

>41.5

>42.5

42.7

EBIT adjusted (€ billion)

1.9

≥2.1

≥2.2

2.2

ROCE (%)

5.9

≥6.0

>6.0

6.1

Redemption coverage (%)

18.1

≥18.5

>18.5

18.7

On the whole the development of the income situation in the year under review was in line with our expectations.

Revenues (€ million)

2016

2017
(March 2017
forecast) 

2017
(July 2017
forecast) 

2017

DB Long-Distance

4,159

4,347

DB Regional 

8,653

8,734

DB Arriva

5,093

5,345

DB Cargo

4,560

4,528

DB Schenker

15,128

16,430

DB Netze Track

5,228

5,364

DB Netze Stations

1,233

1,265

DB Netze Energy

2,779

2,794

Above previous year’s figure
At previous yearʼs level
 Below previous yearʼs figure

At the business unit level, revenue development in the year under review was largely in line with our forecast of July 2017.

DB Regional performed better than forecast because aperiodic revenues were higher than expected. DB Netze Energy also exceeded revenue expectations for performance-related reasons. Business development with non-Group customers was more positive than planned.

At DB Cargo performance was rather weaker than expected, as the negative effects of operating restrictions made themselves felt.

EBIT adjusted (€ million)

2016

2017
(March 2017
forecast)

2017
(July 2017
forecast)

2017

DB Long-Distance

173

381

DB Regional

636

508

DB Arriva

280

301

DB Cargo

– 81

– 90

DB Schenker

410

477

DB Netze Track

561

687

DB Netze Stations

221

233

DB Netze Energy

126

72

Above previous year’s figure
At previous yearʼs level
 Below previous yearʼs figure

The actual EBIT development for the individual business units during the year under review was largely in line with our forecasts of July 2017.

DB Cargo performed somewhat more weakly than expected owing inter alia to the negative effects of operating restrictions.

DB Netze Stations exceeded profit expectations, owing inter alia to expenses that were lower than expected.