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    DAI   DE0007100000

DAIMLER AG

(DAI)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 01/18 03:59:59 pm
74.575 EUR   +0.42%
08:15aDAIMLER AG : Gets a Buy rating from UBS
MD
08:05aCOUPÉ PREMIERE IN JANUARY 1997 : Mercedes-Benz CLK model series 208
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03:49aDaimler Truck sees 20% sales growth in 2021
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Daimler Board Signs Off Mercedes-Benz Business Plan for 2022-26

12/02/2021 | 12:01pm EST

By Giulia Petroni

Daimler AG on Thursday said its business plan for Mercedes-Benz involving investment for over 60 billion euros ($68 billion) for the 2022-26 period has been approved by its supervisory board.

The German car maker said the plan foresees Mercedes-Benz going fully electric by the end of the decade and focusing on growth opportunities in its passenger car and vans businesses after the spinoff of Daimler Truck.

The approval reinforces the company's commitment to previously released margin targets and supports existing measures to consistently increase efficiency and lower fixed costs, according to Daimler.

The company added that future investments will mainly focus on electric mobility, with standardised battery platforms and scalable vehicle architectures expected to contribute cutting variable costs of vehicles.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

12-02-21 1201ET

Stocks mentioned in the article
ChangeLast1st jan.
DAIMLER AG 0.51% 74.64 Delayed Quote.9.87%
DAIMLER TRUCK HOLDING AG -4.03% 34.65 Delayed Quote.11.09%
All news about DAIMLER AG
08:15aDAIMLER AG : Gets a Buy rating from UBS
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01/12VW sales hit 10-year low in 2021, BMW races ahead
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Analyst Recommendations on DAIMLER AG
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Financials
Sales 2021 132 B 150 B 150 B
Net income 2021 12 620 M 14 290 M 14 290 M
Net cash 2021 19 897 M 22 531 M 22 531 M
P/E ratio 2021 6,46x
Yield 2021 6,01%
Capitalization 79 853 M 90 485 M 90 425 M
EV / Sales 2021 0,45x
EV / Sales 2022 0,40x
Nbr of Employees 289 282
Free-Float 81,7%
Chart DAIMLER AG
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Daimler AG Technical Analysis Chart | DAI | DE0007100000 | MarketScreener
Technical analysis trends DAIMLER AG
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 23
Last Close Price 74,64 €
Average target price 91,53 €
Spread / Average Target 22,6%
EPS Revisions
Managers and Directors
Ola Kńllenius Chairman-Management Board
Harald Emil Wilhelm Chief Financial Officer
Bernd Pischetsrieder Chairman-Supervisory Board
Markus Schńfer Chief Operating Officer
Clemens A. H. B÷rsig Member-Supervisory Board
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