Stuttgart, Germany – Due to items listed below, Daimler AG has achieved a Group EBIT for the second quarter 2019 that is significantly below market expectations. Group EBIT sums up to EUR minus 1.6 billion (Q2 2018: EUR 2.6 billion).

EBIT for the divisions amounts to:

All mentioned figures are preliminary and unaudited.

In addition to the facts already disclosed in our ad-hoc notification dated June 23, 2019, the following major items had an impact on EBIT:

When reassessing the earnings outlook for 2019, in addition to the factors mentioned above, also adjusted sales and earnings projections resulting from the following factors had to be taken into account:

As a result, Daimler now has the following outlook for Group EBIT and for the Return on Sales (RoS) of the divisions:

The free cash flow of the industrial business for the second quarter 2019 is expected to be below the respective previous year quarter.

For the financial year 2019 the free cash flow of the industrial business can no longer be expected to be slightly higher than 2018.

EBIT and Return on Sales are defined as on p. 344/345 of the Daimler Annual Report 2018.s