Record year 2011 and a high dividend
Daimler had presented its figures for the year 2011 in February. In its jubilee year, the Group set records for unit sales, revenue, EBIT and net profit. Worldwide, 2.1 million vehicles were sold and total revenue increased by 9% to
euro 106.5 billion (2010:
euro 97.8 billion). Group EBIT amounted to
euro 8.8 billion (2010:
euro 7.3 billion) and the Group's EBIT from the ongoing business was
euro 9.0 billion (2010:
euro 7.2 billion). Net profit increased to
euro 6.0 billion (2010:
euro 4.7 billion).
In view of the very positive business development, the Board of Management and the Supervisory Board proposed the distribution of a dividend of
euro 2.20 per share at today's Annual Shareholders' Meeting. This constitutes a total payout of almost
euro 2.3 billion and a dividend ratio of about 40% in relation to the Group's net profit. The dividend for the year 2011 is one of the highest in Daimler's history.
Further information from Daimler is available at:
This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a worsening of the public debt crisis in the eurozone; a deterioration of our funding possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates; a shift in consumer preference towards smaller, lower margin vehicles; or a possible lack of acceptance of our products or services which limits our ability to achieve prices as well as to adequately utilize our production capacities; price increases in fuel or raw materials; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook of companies in which we hold a significant equity interest, most notably EADS; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading "Risk Report" in Daimler's most recent Annual Report. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made.