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June 28, 2017

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Daimler marks record sales, profits in '13; expects continued growth

FRANKFURT -- German auto maker Daimler said on Thursday that it achieved record sales and profits in 2013, and it expects to achieve "significant" growth again this year.

"Daimler concluded the year 2013 with record levels of unit sales, revenue, EBIT and net profit," the car maker said in a statement.

"The company anticipates renewed growth in 2014," it added.

Net profit climbed by 28 percent to 8.72 billion euros (US$11.8 billion) and underlying profit, as measured by earnings before interest and tax (EBIT), was up 23 percent at 10.82 billion euros.

Unit sales grew by 7.0 percent to 2.354 million vehicles and revenues rose by 3.0 percent to 117.98 billion euros.

Daimler said it would propose increasing the dividend payout to shareholders to 2.25 euros per share from 2.20 euros a year earlier.

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