Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations

Daimler | Jan 28, 2020 at 12:00 AM

Stuttgart, Germany – In the financial year 2019, Daimler AG has achieved a preliminary Group EBIT of EUR 5.6 billion (financial year 2018: EUR 11.1 billion). Not included therein are anticipated additional expenses for ongoing governmental and court proceedings and measures relating to Mercedes-Benz diesel vehicles in various regions and markets. Upon preliminary assessment, these amount to EUR 1.1 to 1.5 billion and will essentially have a negative impact at Mercedes-Benz Cars and Mercedes-Benz Vans. As a result, the Return on Sales (RoS) of the division Mercedes-Benz Vans will be below the current forecast of minus 15 to minus 17%.

EBIT and the Return on Sales/Return on Equity (RoS/RoE) of the divisions without these anticipated additional expenses amount to:

All stated figures are preliminary and unaudited.

The following effects from the fourth quarter 2019 are contained in the above-mentioned earnings figures:

Daimler AG will publish further key figures of the financial year 2019 as well as the fourth quarter 2019 on February 11, 2020.

EBIT and Return on Sales/Return on Equity are defined on pp. 344 and 345 of the Daimler Annual Report 2018.