Industrial Free Cash Flow, Daimler Group EBIT,
The Industrial Free Cash Flow in the fourth quarter reflects the continued extensive cost and cash preservation measures and strong operative performances across all divisions leading to favorable cash-conversion ratios.
'Our strategic initiatives and our intense operational efforts are combining to deliver a significant improvement in financial performance across the company. We have continued to keep a tight grip on cost and cash while on the commercial side we have seen strong demand for our products across all major markets and divisions. At Mercedes-Benz Cars & Vans, we were able to combine a rapid acceleration in xEV sales with a strong financial result in Q4. At Daimler Trucks, the recovery of the US-market has accelerated and we are beginning to see a positive impact from new efficiency measures in our European operations. We intend to continue to make further progress on cost-efficiencies in 2021 and will accelerate the implementation of our strategic initiatives,' stated Ola Kallenius, Chairman of the
The following stated figures for the FY 2020 are preliminary and unaudited:
Industrial Free Cash Flow:
Industrial Free Cash Flow adjusted:
Net Industrial Liquidity:
Daimler Group EBIT:
EBIT adjusted:
EBIT adjusted:
Return on Sales (RoS) adjusted: 6.9% (consensus: 5.5%)
Daimler Trucks & Buses EBIT:
adjusted EBIT:
Return on Sales (RoS) adjusted: 2.0% (consensus: 2.0%)
Daimler Mobility EBIT:
adjusted EBIT:
Return on Equity (RoE) adjusted: 10.9% (consensus: n/a)
The preliminary results include the following adjustments affecting Daimler Group EBIT and Industrial Free Cash Flow:
Legal proceedings
affecting EBIT:
affecting Industrial Free Cash Flow:
Restructuring
affecting EBIT:
affecting Industrial Free Cash Flow:
Given the development of successful cost discipline continued in the fourth quarter and expected good underlying demand,
EBIT, EBIT adjusted, RoS adjusted, RoE adjusted, Industrial Free Cash Flow and Industrial Free Cash Flow adjusted are defined on pp. 64 and 73 of the Daimler Annual Report 2019.
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