Daimler continues along path of profitable growth

• Unit sales in second quarter significantly above prior-year level at 714,800 vehicles (+14%)

• Revenue rises to €37.5 billion (Q2 2014: €31.5 billion; +19%)

• Group EBIT of €3.7 billion (Q2 2014: €3.1 billion; +20%)

• Group EBIT from ongoing business of €3.8 billion (Q2 2014: €2.5 billion; +54%)

• Net profit of €2.4 billion (Q2 2014: €2.2 billion; +8%)

• Free cash flow of the industrial business of €3.4 billion in first six months 2015 (Q1-2 2014: €1.4 billion)

• Significant growth in unit sales and revenue anticipated for full-year 2015

• Group EBIT from ongoing business expected to be significantly higher than in 2014

• Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: "We achieved our targeted margin for Mercedes-Benz Cars in the first half of the year. In all other automotive divisions, we are about to achieve our margin targets. We will systematically continue along the path we have taken."

• Bodo Uebber, Member of the Board of Management of Daimler AG for Finance & Controlling and Daimler Financial Services: "As a result of the course we set in the past, we continue to grow profitably and are on the right track to fulfill our forecasts for the year 2015."

Daimler AG (ticker symbol DAI) continued along its profitable growth path and posted record levels of unit sales, revenue and earnings for the second quarter and the first half of 2015. With total sales of 714,800 passenger cars and commercial vehicles, the company sold 14% more vehicles in the months of April through June than in the second quarter of last year. Mercedes-Benz Cars had its best quarter so far for unit sales, with growth of 20% to 500,700 vehicles sold. Group revenue increased by 19% to €37.5 billion in the second quarter. Adjusted for the effects of exchange-rate changes, revenue growth amounted to 11%. Group EBIT increased by 20% to €3,718 million. Group EBIT from the ongoing business improved by a substantial 54% to €3,784 million while net profit rose by 8% to €2,372 million. Prior year's second quarter's net profit was positively affected from the remeasurement of the Tesla shares. Net profit attributable to the shareholders of Daimler AG amounted to €2,269 million (Q2 2014: €2,104 million) and earnings per share increased to €2.12 (Q2 2014: €1.97).

"We achieved the targeted margin for Mercedes-Benz Cars in the first half of the year. In all other automotive divisions, we are about to achieve our margin targets," stated Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. "We will systematically continue along the path we have taken, in order to fully utilize Daimler's potential. We will keep our product portfolio young and attractive with further expansion of our model range."

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