Provider/Privacy EN | DE REPORTS & NEWS Full Year Results and Annual Report 2020 February 18, 2021 - Financial results 2020 are significantly better than expected amid COVID-19 challenges. Daimler Group expects sales, revenues and EBIT in 2021 to be significantly above the prior-year’s level and intends to spin-off Daimler Truck with majority listing on the stock exchange. 2.84mn Group Unit Sales 2019: 3.34 mn € 154.3bn Revenue 2019: € 172.7 bn € 6.6bn EBIT 2019: € 4.3 bn € 8.3bn Free Cash Flow Ind. Business 2019: € 1.4 bn € 3.39 Earnings per share 2019: € 2.22 € 1.35 Dividend 2019: € 0.90 In a challenging environment due to the COVID-19 pandemic, the Group’s total unit sales of passenger cars and commercial vehicles decreased by 15%. Revenue was €154.3 billion, a reduction of 11%. Due to extensive cost and cash preservation measures and strong performances across all divisions, EBIT of the Daimler Group increased by 53%. Adjusted EBIT, reflecting the underlying business, was €8.6 billion (2019: €10.3 billion). The figures are based on audited financial statements. The reporting structure and previous year’s figures have been adjusted to reflect the newly formed Group divisions. Daimler plans to spin-off and list Daimler Truck It is intended that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders. Daimler Truck will have a fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify for listing on Germany’s blue-chip DAX index. The transaction and the listing of Daimler Truck on the Frankfurt stock exchange is expected to be completed before year-end 2021. In addition, it is also Daimler’s intention to rename itself as Mercedes-Benz at the appropriate time. All further details about the intended spin-off will be presented to shareholders at an extra-ordinary shareholder meeting in Q3 2021 in order to obtain their mandatory approval for the plan. The year 2020 was a stress test for just about every company in almost every industry. The Daimler team mastered this test very well. Our products continue to be in great demand across all major markets and divisions. With rapid growth in our xEV sales and the introduction of new products and technologies, we have also taken important steps in terms of electrification and digitalization. Our financial results are significantly above market expectations reflecting substantial progress on cost-efficiencies. In addition, we have achieved a significant margin improvement based on strong product mix and pricing - especially in the second half of the year. We proved our ability to generate substantial cash flow and to drive the ongoing transformation on our own - even under the adverse circumstances of a pandemic. Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG In 2020, net profit improved to €4.0 billion (2019: €2.7 billion). Net profit attributable to the shareholders of Daimler AG amounted to €3.6 billion (2019: €2.4 billion), leading to an increase in earnings per share to €3.39 (2019: €2.22). At the Annual General Meeting on March 31, 2021, the Board of Management and the Supervisory Board will propose a dividend of €1.35 per share (2019: €0.90). The total payout will therefore amount to €1.4 billion (2019: €1.0 billion). Detailed review Open allClose all Investments, free cash flow and liquidity Divisional results Recordings (English) < Presentation Conference Call Analysts Conference Call Journalists > Recordings (Chinese) < Presentation Conference Call Analysts (EN only) Conference Call Journalists > Download Outlook Current summary at a glance. Facebook Twitter YouTube Instagram LinkedIn Xing Daimler Share €83.16 -5.91% Price at least 15 minutes delayed. Nov 26, 2021 / 17:38 Services IR Services Contact Daimler Podcasts Do Not Sell My Personal Information (CCPA) About Daimler We are one of the leading global suppliers of premium and luxury cars and one of the world's largest manufacturer of commercial vehicles. We offer financing, leasing, fleet management, investments, insurance brokerage as well as innovative mobility services. English Sitemap Provider Legal Notice Settings Privacy Statement © 2021 Daimler AG. All Rights Reserved. * The figures are provided in accordance with the German regulation 'PKW-EnVKV' and apply to the German market only. Further information on official fuel consumption figures and the official specific CO₂ emissions of new passenger cars can be found in the EU guide 'Information on the fuel consumption, CO₂ emissions and energy consumption of new cars', which is available free of charge at all sales dealerships, from DAT Deutsche Automobil Treuhand GmbH and at www.dat.de. ** Electrical consumption and range were determined on the basis of Regulation 692/2008/EC. Electric energy consumption and range depend on the vehicle configuration. Familiar quality also when it comes to website data protection. We (Daimler AG) want to ensure optimum use of our website for you, and to continually improve our website. Therefore, we work with selected partners (incl. Google, Facebook). You also receive advertising on other websites through these partners. You can revoke your voluntary consent at any time. You can find further information and setting options under "Settings" and in our privacy statement. Technically required only Agree to all Settings Provider | Privacy Policy