Share

Daimler: record 2011 profit, dividend increases

The German group closed last year with profits up 29% – Ebit up 20% (to over 8,75 billion) – Turnover also rose (+9%, to 106,54 billion) – Sales in rise of 11%.

Daimler: record 2011 profit, dividend increases

A dream 2011 for Daimler. The German automaker group closed last year with a dizzying profit growth (+29%, to 6,03 billion euros) and an Ebit up 20% (to over 8,75 billion). Turnover also rose (+9%, to 106,54 billion). The performance was driven by an 11% increase in sales (total 2,1 million units).

The results are higher than the expectations of the German manufacturer. “All of our divisions have contributed to this success,” commented the chairman of the management board, Dieter Zetsche.

And as the company grows, so does the shareholder portfolio. Daimler intends to propose at the next meeting on April 4th an increase in the dividend up to €2,20 for each title. Last year the value was at an altitude of 1,85 euros.

comments