Thursday, July 24, 2014   

Daimler hits record sales, profits in 2013
(02-06 16:09)

German auto maker Daimler said on Thursday that it achieved record sales and profits in 2013, and it expects to achieve ''significant'' growth again this year.
"Daimler concluded the year 2013 with record levels of unit sales, revenue, EBIT and net profit,'' the car maker said in a statement, AFP reports.
"The company anticipates renewed growth in 2014,'' it added.
Net profit climbed by 28 percent to 8.72 billion euros and underlying profit, as measured by earnings before interest and tax (EBIT), was up 23 percent at 10.82 billion euros.
Unit sales grew by 7.0 percent to 2.354 million vehicles and revenues rose by 3.0 percent to 117.98 billion euros.
Daimler said it would propose increasing the dividend payout to shareholders to 2.25 euros per share from 2.20 euros a year earlier.
"2013 was a year that we didn't begin particularly well, but which we ended very successfully. Our efforts paid off,'' said chief executive Dieter Zetsche.
"Daimler is in very good condition. Our prospects for the future also make us confident that we will achieve our ambitious goals in all our divisions,'' Zetsche said.
Based on the anticipated development of automotive markets and the divisions' planning, Daimler said it would be able to achieve "further significant growth in total unit sales in 2014.
"Daimler therefore also assumes that group revenue will grow significantly in 2014.''
And in terms of earnings "Daimler assumes that group EBIT from the ongoing business will increase significantly in 2014,'' it added.   
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