DaimlerChrysler has announced preliminary key figures for the group's performance in the 2002 financial year.
An operating profit excluding one-time effects of $6.1 billion was achieved (2001: $1.4 billion). Operating profit including one-time effects amounted to $7.2 billion after an operating loss of $1.4 billion in 2001. Despite difficult market conditions, DaimlerChrysler's operating profit was more than four times as high as in the prior year.
In the first nine months of 2002, operating profit included net one-time effects of $1.7 billion. DaimlerChrysler published details of these in the context of its quarterly interim reports. In the fourth quarter of the year 2002, Commercial Vehicles recorded one-time charges of $474 million. These charges were primarily caused by increased structural changes in the Mercedes-Benz trucks, DaimlerChrysler buses and coaches, DaimlerChrysler powersystems and Mercedes-Benz vans business units.
Net income excluding one-time effects rose to $3.5 billion (2001: $0.8 billion), while earnings per share excluding one-time effects amounted to $3.46 (2001: $0.77). Net income including one-time effects amounted to $4.9 billion (2001: net loss of $0.7 billion), and earnings per share including one-time effects $4.91 (2001: a loss per share of $0.69).
DaimlerChrysler's total revenues in the year 2002 decreased by 2% to $156.8 billion. Adjusted for changes in the consolidated group and exchange rate effects, revenues increased by 1.6%.
The board of management proposes to distribute a dividend of $1.57 per share for 2002 (2001: $1.05), a 50% increase. The final decision on the dividend will be taken by the annual meeting to be held in Berlin on April 9,2003.
Additional information and news on DaimlerChrysler can be found on the Internet at: www.media.daimlerchrysler.com.
An operating profit excluding one-time effects of $6.1 billion was achieved (2001: $1.4 billion). Operating profit including one-time effects amounted to $7.2 billion after an operating loss of $1.4 billion in 2001. Despite difficult market conditions, DaimlerChrysler's operating profit was more than four times as high as in the prior year.
In the first nine months of 2002, operating profit included net one-time effects of $1.7 billion. DaimlerChrysler published details of these in the context of its quarterly interim reports. In the fourth quarter of the year 2002, Commercial Vehicles recorded one-time charges of $474 million. These charges were primarily caused by increased structural changes in the Mercedes-Benz trucks, DaimlerChrysler buses and coaches, DaimlerChrysler powersystems and Mercedes-Benz vans business units.
Net income excluding one-time effects rose to $3.5 billion (2001: $0.8 billion), while earnings per share excluding one-time effects amounted to $3.46 (2001: $0.77). Net income including one-time effects amounted to $4.9 billion (2001: net loss of $0.7 billion), and earnings per share including one-time effects $4.91 (2001: a loss per share of $0.69).
DaimlerChrysler's total revenues in the year 2002 decreased by 2% to $156.8 billion. Adjusted for changes in the consolidated group and exchange rate effects, revenues increased by 1.6%.
The board of management proposes to distribute a dividend of $1.57 per share for 2002 (2001: $1.05), a 50% increase. The final decision on the dividend will be taken by the annual meeting to be held in Berlin on April 9,2003.
Additional information and news on DaimlerChrysler can be found on the Internet at: www.media.daimlerchrysler.com.
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