Berlin (Reuters) – The CEO of Deutsche Bahn [DBN.UL], Rüdiger Grube, advances pioneered by the ambitious sales and profitability targets its “Strategy 2020″ from.
“As the reality has caught up with us,” Grube said the “Frankfurter Allgemeine Zeitung”. Because of the Group’s expansion proceeds more significantly weaker than planned, mine is targeting only 50 instead of 70 billion euros in sales in 2020. “We have 2,012 still assume that we want to grow both organically and through acquisitions. For the organic growth we had 2020 sales of 56 billion euros made,” he told the newspaper.
“14 billion euros of additional revenues were planned by acquisition, but today it lacks the financial flexibility.” Not on purchases, but on a limitation of the debt lies the focus. “The top priority is for us to be a reliable partner in the capital market, ” Grube said. As new challenges for the group called the chief of track, the new low-price segment by the buses in the Highway, the digitization of traveling and autonomous driving. The autonomous car he does not see as a threat to the web, but to complement “the last mile” between the station and flat. “I can imagine that we are operators of such autonomous systems, the way we operate today carsharing.”
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