In a «negative as expected» year, Deutsche Bahn’s financial performance was again in the red. Losses were not avoided in 2023, and the Group’s freight subsidiary DB Cargo was no exception. The state-owned freight carrier did not meet the target of closing 2023 with a loss of 225 million euros. Instead, the company reported EBIT earnings of −497 million euros reducing the losses from the previous year, which amounted to −665 million euros.