Daimler remains on course: very successful third quarter, Group EBIT from ongoing business of €2,110 million (Q3 2010: €2,022 million)

• Group EBIT including special items of the quarter of €1,968 million (Q3 2010: €2,418 million)

• Net profit of €1,360 million (Q3 2010: €1,610 million)

• Revenue significantly higher than last year at €26.4 billion (Q3 2010: €25.1 billion)

• Mercedes-Benz Cars posts EBIT of €1,108 million (Q3 2010: €1,299 million) despite startup costs for new models

• Daimler Trucks increases EBIT to €555 million (Q3 2010: €496 million)

• Forecast affirmed for 2011: Group EBIT from ongoing business expected to very significantly exceed the level of 2010

Stuttgart – Daimler AG (stock-exchange symbol DAI) continued its successful course in the third quarter of 2011. Group EBIT amounted to €1,968 million (Q3 2010: €2,418 million). Adjusted for special factors, however, EBIT from the ongoing business of €2,110 million was higher than in the prior-year period (Q3 2010: €2,022 million).

Net profit for the period was €1,360 million (Q3 2010: €1,610 million) and earnings per share amounted to €1.21 (Q3 2010: €1.44).

The development of earnings in the third quarter of 2011 primarily reflects the higher vehicle shipments by all divisions. As already announced in the second quarter, EBIT at Mercedes-Benz Cars was impacted by changes in the product mix and by charges due to the upcoming model changes. All other divisions posted higher earnings than in the prior-year period.

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