By David Briginshaw, International Railway Journal; March 22, 2018
GERMAN Rail (DB) achieved a 5.2% increase in revenue in 2017 to €42.7bn which translated into a 37.1% jump in pre-tax profit to €968m, a 2.8% rise in adjusted Ebitda to €4.93bn, and a 10.6% increase in adjusted Ebit to €2.15bn.
DB’s CEO Dr Richard Lutz, who presented the financial results for 2017 in Berlin on March 22, attributes DB’s “favourable performance in 2017” to passenger growth and better performance outside Germany at passenger operator DB Arriva and freight and logistics subsidiary DB Schenker.