Increases, the group reported the revenue as well as passenger and employee numbers for 2018. So almost 150 million passengers took advantage of in the past year, the Deutsche Bahn set a new record.
Deutsche Bahn expects the crisis year of 2018 due to the necessary investments in the areas of punctuality, personnel and vehicles with a further decline in profit. This year, the operating profit will go back to a good 1.9 billion euros, informed of the state of the group at the balance sheet press conference in Berlin. Sales are forecast to rise slightly to over € 45 billion.
Track boss Richard Lutz on the balance sheet press conference
Track boss Richard Lutz pointed out that in spite of all the problems with the quality of the traffic on the Rail to be determined. This is causing but “growing pains”, for example on the rail network. You work on it, to be punctual, after 2018, more than one in four long-distance trains, too late. “The lever, the shifting, and the train is better, but, unfortunately,” said Lutz.
Profit is not enough for the dividend to the Federal government
In the past year, the group failed after a sharp austerity with a General issue, the multiple abridged profit stop target of 2.1 billion Euro. The revenue, however, rose in part due to the long-distance transport by three percent to more than 44 billion euros. Despite train cancellations and delays of 2018, as many travelers like never before the long-distance transport of Deutsche Bahn. Approximately 148 million passengers travelled on long-distance trains and four percent more than in 2017. The passenger records in long-distance transport will, however, be bought with numerous special offers.
For the first time, nearly 150 million passengers transported on the German railway in 2018
Well, the global forwarding, Schenker, and the business with the rail network, which also benefited from the demand of competition cars. In contrast, the freight train remained in the crisis, and doubled the loss of almost 200 million Euro – in spite of the high demand of the economy. Rail chief Lutz pointed, among other things, on the rail network, which will always be charged more. “The capacity will remain the Central theme in the next few years,” said Lutz. In the coming years, the Federal government plans to invest one billion more than in the past in the redevelopment of the network.
Railway will annually set 20,000 employees
The investments in vehicles, or in Personal annually, more than 20,000 employees are to be set – can’t cope with the railway on its own. After deduction of taxes and interest payments on the almost 20 billion euros of debt, only a net profit of 542 million euros remained for the group to 2018. It’s not even enough to pay the dividend of EUR 650 million to the Federal government. Since the organization this year alone, 2.2 billion euros for the investment in higher punctuality, prepares the car for the sale or IPO, the international transportation subsidiary, Arriva.
nob/mak (afp, rtr)