Annual-results press conference 2019 in Berlin – Alexander Doll, Member of the Management Board for Finance, Freight Transport and Logistics at Deutsche Bahn AG. Photo: Deutsche Bahn AG/Pablo Castagnola
In 2018 DB Schenker generated total revenues of 17.050 billion euros – more than ever before, topping the 17-billion mark for the first time. This is equivalent to an increase of 3.8 percent over the previous year. DB Schenker’s international logistics business took “another big step forward,” said Alexander Doll, Member of the Management Board for Finance, Freight Transport and Logistics at Deutsche Bahn AG, at the Group’s recent financial press conference in Berlin. Adjusted revenues for the DB Group as a whole rose by 3.1 percent, to 44.02 billion euros.
DB Schenker achieved an even bigger increase than in revenues in its operating result, which was up by 5.5 percent, to 503 million euros. The EBIT margin rose slightly, from 2.9 to 3.0 percent. The positive trend in the financial figures is due to the performance in the business units, which was partially outstanding, especially land transport. Here the logistics service provider carried out more than 106 million shipments, an increase of 6.0 percent over the previous year.
In the ocean freight segment, DB Schenker was able to boost the export volume by 1.6 percent to 2.203 million TEU (twenty-foot equivalent units), and in the airfreight segment there was a minuscule plus of 0.3 percent, to 1.304 million tons of export freight. In the warehouse business operated worldwide, the contract logistician was able to add more space, raising the total by 3.8 percent, to 8.3 million square meters.
DB Schenker also achieved a significant increase at a different level, one that is just as important from the point of view of its customers: at the cut-off date of December 31, the number of employees worldwide stood at 75,817 full time equivalents (FTE) – almost 4,000 FTEs, or 5.5 percent, more than a year earlier.