Outlook

Development of DB Group

Based on the development in the first half of 2019 and the current assessments for the second half of 2019, we partially adjusted our expectations...

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Future direction of DB Group

The new Strong Rail strategy presented in June will define the future strategic direction of DB Group.

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Outlook - Financial position

Our expectations regarding our financial position remain unchanged...

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Outlook - Capital expenditures

Our expectations regarding capital expenditures remain unchanged...

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Outlook - Social

For 2019, DB Group will now have to expect a decline in employer attractiveness...

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Outlook - Environmental

Our expectations in the environmental area are unchanged...

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Economic outlook has worsened

For 2019, we generally expect weaker but still robust global economic growth...

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Predominantly positive expectations for relevant markets

The outlook for the German passenger transport market is nearly unchanged compared to March 2019...

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