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Deutsche Bahn Posts €760 Million First-Half Loss as Modernisation Strains Intensify

The results underscore strain from an ambitious upgrade programme coupled with mounting network disruptions.

Ein Mann läuft an einem ICE-Zug der Deutschen Bahn vorbei
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Mitarbeiter der Deutschen Bahn sichern den abgebrannten Gleisabschnitt in Düsseldorf
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Overview

  • The state-owned operator narrowed its H1/2025 loss to €760 million after taxes, down from €1.6 billion a year earlier, while revenue rose 3.4 percent to €13.3 billion.
  • A nine-month full closure of the HamburgBerlin corridor began August 1 as part of the ongoing track modernisation drive scheduled through 2027.
  • DB Cargo, the freight arm, plans to cut several thousand positions by end-2026 in a bid to return to profitability under EU pressure or face possible breakup.
  • A suspected sabotage fire in a cable tunnel between Duisburg and Düsseldorf has halted regional and long-distance services and prompted state security investigations.
  • Punctuality remains well below targets, with just 57.1 percent of long-distance stops on time in June, missing the 65 to 70 percent goal.