Deutsche Bahn is continuing on track to success. During the first six months of 2011 the company recorded the highest revenues it ever earned in a half-year period, along with a surge in profits and a renewed increase in the number of passengers.
(Berlin, 28 July 2011) Deutsche Bahn is continuing on track to success. During the first six months of 2011 the company recorded the highest revenues it ever earned in a half-year period, along with a surge in profits and a renewed increase in the number of passengers. First half 2011 revenues rose by € 2.8 billion, or 17.2 percent over the same year-ago period, to € 18.9 billion. The increase is significantly higher than the additional € 1.5 billion in revenues contributed by the latest addition to the Group, Arriva.
Dr. Rüdiger Grube, CEO and Chairman of the Management Board of DB AG, stated during the presentation of first half results in Berlin Thursday that: “The figures confirm that we have been on the right track and also signal that we should continue on as we have. Above all else we want to become more customer- and environmentally-friendly while raising our levels of service and quality. Open and honest communication with our customers is very important for us. And that is why we will start publishing our punctuality scores in the local and long-distance segments every month on the DB Internet site as of this September.”
All business units contributed to the favorable results. Adjusted results from operations (adjusted EBIT) rose in the first half of the year to € 1.1 billion Euro, or € 287 million (+34 percent) more than the same year-ago figure. Net financial debt increased by € 351 million between December 31, 2010 and June 30, 2011 to € 17.29 billion. It should be taken into account that DB paid a first-time dividend of € 500 million to the Federal Republic of Germany in 2011. Dr. Richard Lutz, DB CFO: “We’re on track and we are also confident about the remaining months, even if the pace of the recovery has slowed a bit.”
Number of passengers rises again
The number of passengers traveling via Deutsche Bahn trains rose again during the first half of the year and increased by 1.9 percent or 18.4 million to 972.5 million. Volumes produced in the rail passenger transport segment were almost unchanged at 38 billion passenger kilometers (Pkm). The number of passengers recorded for the bus transport segment remained unchanged at 408.5 million. Volumes sold in the bus transport segment declined by 1.2 percent or 56 million to 4.72 billion passenger kilometers for reasons including the declining number of school children.
Transport and logistics continue to expand
Rail freight transport was able to grow further in the first half of the year as the volume of freight transported increased by 4.6 million tons or 2.3 percent to 207.8 million tons. At the same time, volumes sold rose by almost 4.2 billion ton kilometers to 56.78 billion ton kilometers, or 8 percent more.
European land transport recorded a strong upswing as the number of shipments surged by 20.7 percent or 8.14 million to 47.51 million. While volumes of ocean freight also climbed by 4.6 percent, air freight volume declined marginally by
0.6 percent.
Infrastructure: More traffic on the tracks
Demand for train-path rose further in the first half of 2011. Track kilometers in track infrastructure increased by 2.5 percent or 12.9 million train-path kilometers to 521.4 million train-path kilometers. Non-Group railways’ share of total train-path demand amounted to 20.8 percent, and surpassed the 20 percent level for the first time ever.
Issued by: Deutsche Bahn AG
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