Revenues further increased

Revenues developed positively. The growth occurred broadly across the business units and was largely driven by performance gains.

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Significant drop in net profit for the year

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.

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Differentiated environment for global and European transport markets

Economic environment weakened and political uncertainties cause nervousness in the energy market ...

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Stable financial position

Interest rate level rose slightly, financial management stable, ratings stable ...

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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...

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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...

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Development of business units - Passenger transport

Development in the German and European passenger transport market was differentiated in 2018...

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Development of business units - Freight transport and logistics

In 2018, the German freight transport market grew for the sixth consecutive year...

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Development of business units - Infrastructure

Here you will find information about the development in the business unit Infrastructure ...

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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. 

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