Daimler's earnings once again at a high level: EBIT of €1,921 million in the third quarter

• Net profit of €1,205 million (Q3 2011: €1,360 million)

• Group revenue up by 8% to €28.6 billion
(Q3 2011: €26.4 billion)

• Increase of 1% in total unit sales to 528,600 vehicles

• Forecast for 2012: Group EBIT from ongoing business of approximately €8 billion expected

• Updated EBIT expectations for all divisions

Stuttgart - Daimler AG (stock-exchange symbol DAI) achieved Group EBIT of €1,921 million in the third quarter of 2012 (Q3 2011: €1,968 million). Net profit for the period was €1,205 million (Q3 2011: €1,360 million), leading to earnings per share of €1.03 (Q3 2011: €1.21).

"Considering the significantly more difficult market conditions, Daimler achieved good earnings in the third quarter," stated Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars.

"Due to the economic challenges, Daimler will not match the high prior-year EBIT in full-year 2012, but will still post good earnings once again," emphasized Zetsche. With regard to the company's ambitious targets, the CEO stated: "But we are not yet at the level that we aim to reach in the medium to long term. We have therefore initiated appropriate measures for all divisions and are thus prepared for a difficult market environment. At Mercedes-Benz Cars, we are adding an important element to our Mercedes-Benz 2020 growth strategy: ‘Fit for Leadership.' With this program, we are combining existing and additional efficiency measures in order to secure our short-term targets and to give our business system an optimal and sustainable positioning."

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