Half Year Results 2023

Deutsche Bahn, the parent company of DB SCHENKER, presented today the half-year results 2023 with solid results amidst challenging circumstances. In the first six months of 2023, DB SCHENKER has generated revenue € 10,080 million and an EBIT of € 626 million.

The results of the logistics service provider remain significantly better than the last pre-COVID era figures in 2019, when half-year revenues were at € 8,525 million and EBIT at € 238 million, which was emphasized by Jochen Thewes, CEO of DB SCHENKER, as well as by Jakob Wegge-Larsen, CFO of DB SCHENKER:

Jochen Thewes, CEO at DB SCHENKER: “We continue our prepandemic growth momentum 2023. Sustainability, digitalization and geographical expansion will be our engines going forward.”

Jakob Wegge-Larsen, CFO at DB SCHENKER: “In the first half of 2023 we delivered a revenue of 10,080 million € and an EBIT of 626 million € – that’s well above the results prior to Covid.”

Half Year Results 2023 DB SCHENKER – Business Units

All DB SCHENKER business units, land transport, air freight, ocean freight and contract logistics, also performed well in the first half of 2023.

Christian Drenthen, Board Member for Land Transport: “The development of our global land transport business continues to be outstanding in 2023. Our strong and growing share in APAC and MEA, the well-advanced integration of USA Truck and a single TMS being rolled out in Europe will continue our successful journey.”

Thorsten Meincke, Member of the Board of Management Air and Ocean Freight: “We continue to support our customers with best-in-class sustainable logistics solutions. In the first half of 2023, we secured >10,000 tons of Sustainable Aviation Fuel (SAF) and 17,000 metric tons of marine biofuel in cooperation with three major shipping lines at the best possible quality on the market.”

Hessel Verhage, Board Member for Contract Logistics at DB SCHENKER: “Circular economy meets logistics. We take charge of the complete product lifecycle and handle returns, repairs and recycling for our customers, partners, people, and for our planet.”

Christa Koenen, Member of the Board of Management CIO/CDO at DB SCHENKER: “At DB SCHENKER, we drive digitalization as a joint endeavor across all units, providing unparalleled logistics services and first-class customer experience.”

Katharina Rath, Member of the Board of Management for People and Organization at DB SCHENKER: “We are preparing our organization for the future: through dynamic growth, customer orientation and high-performing employees.”