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DB Schenker reports strong growth in contract logistics 16 March 2016

Only ocean freight saw lower volumes, with a drop of 2.1%

The 2015 fiscal year saw Deutsche Bahn's revenues top €40.0 billion for the first time in the Company's history. At €40.5 billion, DB's revenues in 2015 were up €748.0 million, or 1.9%, from the year prior. At €1.76 billion, adjusted EBIT was down €350.0 million, or 16.6%, from the previous year's figure. Due in part to special write-downs in rail freight transport and non-recurring items as a result of the restructuring process, which together amounted to some €1.67 billion, DB posted a net loss for the year of €1.3 billion.

In the rail freight sector, DB's volume fell by 4.3% year on year, to 98.4 billion metric ton kilometres. Business at DB Schenker saw a positive trend, with the number of European land transport consignments up 2.9% and air freight volumes up 1.4%. Contract logistics again saw a strong increase in revenues of some 17.0%. Only ocean freight saw lower volumes, with a drop of 2.1%.