Danish State Railways (DSB) has increased its earnings forecast for 2025 following a surge in passenger revenue during the first half of the year. The company now anticipates a pre-tax profit of between 300 and 400 million kroner, a notable increase from the previous projection of 200 to 300 million kroner.
This revision is detailed in DSB’s financial report for the first half of 2025, which reveals a pre-tax profit of 353 million kroner. This represents an approximately eight percent increase compared to the same period last year.
The report attributes this positive performance to higher passenger revenue, with the total number of journeys reaching 85.6 million in the first half of the year, slightly surpassing the figures from the corresponding period in 2024. Notably, long-distance and regional train journeys have seen a three percent increase.
A significant driver of growth has been the increased number of journeys across the Great Belt, with DSB reporting consecutive monthly growth in this area for the past nine months compared to the previous year. Additionally, there has been a rise in short journeys within the Copenhagen metropolitan area during the first half of the year.
DSB also highlights the increasing adoption of digital ticketing solutions. In the first half of 2025, 44 percent of all train journeys were facilitated through the DSB app or the Rejsekort app. The proportion of passengers using these digital platforms increased from 40 percent in the first quarter to 48 percent in the second quarter.
The report acknowledges the tragic train accident that occurred on August 15, resulting in the death of a 60-year-old woman. The incident, which involved an express train colliding with a slurry tanker at an unguarded level crossing in Bjerndrup, Southern Jutland, led to the train’s derailment. DSB’s CEO, Flemming Jensen, has pledged the company’s full cooperation with the authorities in their investigation of the accident. He emphasized DSB’s commitment to ensuring the safety and security of train travel and vowed to take all necessary steps to prevent future incidents.