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Daimler shows strong performance in second quarter despite semiconductor shortage


Daimler shows strong performance in second quarter despite semiconductor shortage
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Unit sales increased by 36% to 736,400 passenger cars and commercial vehicles
Revenue of €43.5 billion (Q2 2020: €30.2 billion)
EBIT of €5,185 million (Q2 2020: minus €1,682 million)
Industrial free cash flow of €2,586 million (Q2 2020: €685 million)
Net industrial liquidity of €20.9 billion (end of Q1 2021: €20.1 billion)
Group net profit of €3,704 million (Q2 2020: net loss of €1,906 million)
Outlook 2021: Revenue and EBIT significantly above prior year s level
Industrial free cash flow expected slightly below prior year s level
Daimler AG (ticker symbol: DAI) today reported its results for the second quarter, which ended June 30, 2021. The Group s total unit ....

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Daimler confident for 2021


Daimler confident for 2021
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Financial results 2020 significantly better than expected amid COVID-19 challenges
Net profit increased by 48% to €4.0 billion (2019: €2.7 billion)
Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion)
Dividend proposed of €1.35 per share (2019: €0.90)
Daimler Group expects sales, revenues and EBIT in 2021 to be significantly above the prior-year s level
Intention to spin-off Daimler Truck with majority listing on the stock exchange
Daimler AG (ticker symbol: DAI) today reported its results for the fiscal year 2020 ended December 31, 2020. In a challenging environment due to the COVID-19 pandemic, the Group s total unit sales of passenger cars and commercial vehicles decreased by 15%, to 2.84 million (2019: 3.34 million). Revenue was €154.3 billion (2019: €172.7 billion), a reduction of 11%. Due to extensive cost and ca ....

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