Daimler in 2010, high interest

Daimler said sources from the demand for Mercedes-Benz growing especially in China and other emerging markets helped the company earn more interest, however, Daimler and investors still not satisfied because it is not as predicted.

Last Wednesday of Daimler shares down 4.3% after the company announced fourth quarter profits (1.54 billion dollars) less than expected (fourth quarter last year, Daimler-hole $ 490 million), and Pre-tax income increased 3 reached 2.18 billion dollars (in 2009 reached $ 700 million).

Before this information, many analysts had forecast profit before tax Daimler least $ 2.8 billion, but by Daimler to pay bonuses for staff and research costs were high, profits are not as desired.


Still, Daimler still give investors a very high expectations in 2011. Swiss bank will forecast a profit before tax Daimler $ 14 billion in 2011 compared to $ 10.1 billion in 2010. Currently, Daimler's stock fell 4% to 75 USD.

Like other luxury competitors such as BMW AG and Volkswagen's Audi, Daimler profits thanks to demand for vehicles is recovering globally especially in U.S. and Asian markets like China, where buyers flocked to the stores looking for Mercedes models in line with the position of their new society.
Statistical Daimler, Mercedes passenger car sales rose 12% to 340,000 vehicles in the fourth quarter, segment revenues increased 24% to reach 19.88 billion; truck segment sales, also increased sharply, bringing $ 550 million operating profit in the fourth quarter ($ 313 million last year).

Daimler chief executive, Dieter Zetsche, said the company plans to split 43% interest to shareholders, each share will receive $ 2.69. Last year shareholders received absolutely no dividends. Dr. Dieter Zetsche also give a warning though Mercedes sales expected to reach record levels, but revenue growth in 2011 will only modest

But Daimler Chief Financial Officer, Bodo Uebber, explained further: "oil prices will adversely affect sales; in the upcoming negotiations with the union may have to increase wages, this is a burden that should interest suffer. Materials price increases, may have increased the cost of 980 million, although Daimler plans to limit the adverse ", but" we must not forget the challenges of income are existence, "he said.
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