Daimler AG - 1st Quarter Interim Report 2017

Daimler makes a very good start to the year 2017: best

Ever unit sales, revenue and EBIT in a first quarter

• Unit sales significantly above prior-year level at 754,300 vehicles (+10%)
• Revenue up by 11% to €38.8 billion
• Group EBIT is 87% above prior-year level at €4,008 million
• Net profit doubles to €2,801 million
• Free cash flow of the industrial business of €1.9 billion (Q1 2016: €0.3 billion)
• Significant growth in unit sales, revenue and Group EBIT anticipated for full-year 2017
• Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “A very successful quarter lies behind us. Ahead of us, we have a variety of opportunities for further profitable growth. We do have the right products to take advantage of these opportunities – and the financial strength to make the necessary investments.”
• Bodo Uebber, Member of the Board of Management of Daimler AG responsible for Finance & Controlling and Daimler Financial Services: “We made a very good start to the year and once again surpassed our margin targets in the automotive business. We are very confident for the remainder of the year to achieve our financial as well as our strategic goals.”

Full press release (ENG)