DGAP-Adhoc: Daimler AG: Daimler adjusts earnings expectations

Contact:
Hendrik Sackmann
Tel.: +49 (0)711 17 35014
hendrik.sackmann@daimler.com

Ad hoc

June 23, 2019
 

Daimler adjusts earnings expectations
 

- Increase of provisions for various ongoing governmental proceedings and measures relating to Diesel vehicles by a high three digit million amount will affect Daimler's second quarter 2019 earnings and be taken into account in the Group EBIT.

- Outlook for Group EBIT in 2019 now expected to be in the magnitude of the previous year.

- Return on Sales forecast of Mercedes-Benz Vans for financial year 2019 now expected to be minus 2% to minus 4%.
 

Today, Daimler AG reassessed the earnings expectations for the 2019 financial year for the Mercedes-Benz Vans division and the Group.
 

Relevant for the reassessment is an increase in expected expenses in connection with various ongoing governmental proceedings and measures with regard to Mercedes-Benz diesel vehicles.
 

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

Contact:
Jörg Howe, + 49 711 17-41341, joerg.howe@daimler.com
Hendrik Sackmann, +49 711 17-35014, hendrik.sackmann@daimler.com
 

Further information from Daimler is available at:
www.media.daimler.com and www.daimler.com
 

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