2015 Daimler financial results: record sales, revenue and earnings

2015 Daimler financial results
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Daimler AG grew profitably once again in 2015 and once more achieved record sales and revenue, Group EBIT and net profit.

Daimler singnificantly increased its total units sales in 2015. 2.9 million vehicles were sold in 2015 (+12% compared with 2014). The main contribution came from Mercedes-Benz cars division which has registered record sales in 2015, with 16% higher than in 2014. Also, the Mercedes-Benz Vans division is on a positive trend with 9% sales increase.

The total revenue has increased by 15% to 149.5 billion euro in 2015. Daimler has announced also a substantial increase in Group EBIT to 13.5 billion euro (10.8 billion euro in 2014).

Bodo Uebber, Board of Management Member at Daimler AG responsible for Finance & Controlling and Daimler Financial Services stated: “We increased our EBIT from the ongoing business by over a third compared with 2014; compared with 2010, our earnings have actually almost doubled. And revenue has increased by more than 50% in the past five years.”

At the Annual Shareholders’ Meeting on April 6, 2016, the Board of Management and the Supervisory Board will propose the distribution of a dividend of 3.25 euro per share (2.45 euro in 2014).

The net profit has also increased from 7.3 billion euro in 2014 to 8.9 billion euro in 2015.

Due to the strong demand for Daimler products, the workforce expanded by 1% compared with the end of 2014. 284,015 employees work for Daimler Group at December 31, 2015. In Ap[ril 2016, Daimler AG will pay its eligible employees an amount of up to 5,650 euro for financial year 2015 – the highest amount to date (4,350 euro in 2015).

Mercedes-Benz Cars division passed the two million mark for the first time with 2,001,400 vehicles sold (+16%) and market share increased in nearly all regions.

Daimler Trucks increased its unit sales by 1% to 502,500 vehicles in 2015, the highest level since 2006. Mercedes-Benz vans again set a sales record in 2015 with an increase of 9% to 321,000 units. Daimler Buses sold 28,100 buses and bus chassis worldwide in 2015 compared with 33,200 in 2014.