Annual revenue watch: German car manufacturer Daimler AG Chief Financial Officer Bodo Uebber said recently in an interview with European media, Daimler AG realized significant growth in the fourth quarter of 2011, compared with the same period in 2010, while, the company’s annual revenue also exceeded 100 billion euros mark.
The Daimler AG revenue would reach 105 billion euros for the year 2011, while the operating profit will be between 8.8 billion to 8.9 billion euros according to the analysts’ estimates. The CFO also expressed they were relizing the performance target stably, which benefited from the good growth of its business, Daimler planned to share the success of its performance with shareholders and employees. Daimler would vigorously promoting their participation in profit sharing, however, the CFO did not give a more detailed explanation. In the previous year, Daimler AG granted each employee a 3,150-euros bonus as well as a one-off anniversary dividend.
Daimler AG would return the company’s shareholders by the way of raising the level of dividend payments. 40% of its annual profit will be used to pay dividends, citing the Daimler AG’s tradition, Bodo Uebber said, the payout rate was expected to stretch.
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