DaimlerChrysler: Operating Profit 2001 Within Target Range

Diskutiere DaimlerChrysler: Operating Profit 2001 Within Target Range im Smalltalk Forum im Bereich Allgemeines; DaimlerChrysler: Operating Profit 2001 Within Target Range * Group Operating Profit excluding one-time effects $ 1.2 billion,...

  1. Elch

    Elch Crack

    Dabei seit:
    F 119 D
    DaimlerChrysler: Operating Profit 2001 Within Target Range
    * Group Operating Profit excluding one-time effects $ 1.2 billion,
    unadjusted $ - 1.2 billion
    * Group Net Results excluding one-time effects $ 0.7 billion, unadjusted
    - $ 0.6 billion
    * Earnings Per Share excluding one-time effects $ 0.65, unadjusted
    $ - 0.59
    * Board of Management proposes dividend of $ 0.89 per share
    * Outlook for 2002: Group Operating Profit excluding one-time effects
    expected to exceed twice the 2001 level by a very significant amount

    STUTTGART, Germany and AUBURN HILLS, Mich., Feb. 6 /PRNewswire-FirstCall/
    -- DaimlerChrysler (NYSE: DCX) has announced key results for the 2001
    financial year -- a period marked in particular by difficult market conditions
    in North America as well as a general slowdown in the global economy.
    Group Revenues were $ 136.1 billion. After adjusting for the changes in
    the consolidated Group, total Revenues were almost unchanged.
    Operating Profit excluding one-time effects was 1.2 billion. This is
    within the target range of $ 1.1 billion to 1.5 billion announced in February
    2001. This result also exceeds the provisional estimates made public at the
    beginning of January 2002, and was achieved despite economic and market
    conditions which deteriorated as the year 2001 progressed. With the inclusion
    of one-time effects (unadjusted) the Operating Loss was $ 1.2 billion. Again,
    this is better than anticipated.
    Net Income for the Group, excluding one-time effects, amounted to
    $ 0.7 billion, Earnings Per Share were $ 0.65.
    Net Loss for the Group, including one-time effects, reached $ 0.6 billion,
    and the Loss Per Share amounted to $ 0.59.
    The Board of Management proposes to the Supervisory Board a dividend
    distribution for 2001 of $ 0.89 per share. The dividend level proposed is
    related to the year's earnings. However, DaimlerChrysler is confident that it
    will take profits to much higher levels in the future. A final decision on the
    dividend payment will be taken at the Annual Shareholders' Meeting in Berlin
    on April 10, 2002.
    DaimlerChrysler has reviewed and updated its planning assumptions to take
    into account the consequences of a weaker economic and market environment. In
    February 2001, the Group set targets for 2002 and beyond based on reasonable
    assumptions that more favorable economic conditions would prevail. The reality
    is that the fundamentals have become more uncertain and the task more
    challenging. DaimlerChrysler nevertheless expects Group Operating Profit for
    2002 excluding one-time effects to exceed twice the 2001 level by a very
    significant amount. The Group is confident it will achieve results similar to
    those projected one year ago, but at slightly later dates.
    DaimlerChrysler will present details of the 2001 Consolidated Financial
    Statement at the Annual Press Conference on February 20, 2002.
    DaimlerChrysler - Figures for 2001
    DaimlerChrysler Group 2001 2000
    U.S.-$ (Euro) (Euro)
    Revenues, in millions 136.072(1) 152.873(1) 162.384
    Operating Profit (Loss),
    in millions (1.173) (1.318) 9.752
    Operating Profit,
    adjusted(2), in millions 1.197 1.345 5.213
    Net Income (Loss), in millions (589) (662) 7.894
    Per Share (EPS) (0,59) (0,66) 7,87
    Net Income, adjusted(2),
    in millions 650 730 3.481
    Per Share (EPS), adjusted(2) 0,65 0,73 3,47
    Dividend proposed 0,89 1,00 2,35
    1) A 1 % decrease after adjusting for changes in the consolidated group.
    2) excluding one-time effects
    Rate of exchange: 1 Euro U.S.-$ 0.8901 (based on the noon buying rate
    on Dec. 31, 2001)
    This document contains forward-looking statements that reflect the current
    views of DaimlerChrysler management with respect to future events. The words
    "anticipate," "believe", "estimate," "expect," "intend," "may," "plan,"
    "project" and "should" and similar expressions are intended to identify
    forward-looking statements. Such statements are subject to risks and
    uncertainties, including, but not limited to: changes in general economic and
    business conditions, especially an economic downturn in Europe or North
    America; changes in currency exchange rates and interest rates; introduction
    of competing products; lack of acceptance of new products or services,
    including increased competitive pressures on the general level of sales
    incentives and pricing flexibility; inability to implement the turnaround
    plans for the Chrysler Group and Freightliner promptly and successfully,
    especially an inability to meet revenue enhancement, efficiency and cost
    reduction initiatives; the ability of Mitsubishi Motors to implement its
    restructuring plan successfully; and decline in resale prices of used
    vehicles. If any of these or other risks and uncertainties occur (some of
    which are described under the heading "Risk Factors" in DaimlerChrysler's most
    recent Annual Report on Form 20-F filed with the Securities and Exchange
    Commission), or if the assumptions underlying any of these statements prove
    incorrect, then actual results may be materially different from those
    expressed or implied by such statements. DaimlerChrysler does not intend or
    assume any obligation to update these forward-looking statements. Any
    forward-looking statement speaks only as of the date on which it is made.
    Internet site
    Additional information and news from DaimlerChrysler is available on the
    Internet at: http://www.media.daimlerchrysler.com .
  2. Elch

    Elch Crack

    Dabei seit:
    F 119 D
    FRANKFURT, Feb 6 - German-U.S. auto giant DaimlerChrysler AG <DCXGn.DE> said on Wednesday it would meet its profit targets later than planned and delivered investors a more hefty cut in dividend than expected.

    Following are analysts' reactions:

    "The market will read it as a profit warning, they have not only stood back from their official forecast last time but they have indicated that they are going to achieve the minimal result which is way below current consensus estimates. In addition to that they have cut the dividend by more than expected which is normally a negative signal."

    "The main question mark from these results is the outlook for profit targets. There seems to be uncertainty surrounding the initial targets and this is hitting the shares. We are sticking to our reduce rating. The dividend is above our expectations but I think many market participants were expecting more."

    "The 2001 figures are in line with expectations, the dividend cut was a bit more severe than people were expecting. They have finally given the profit warning that the market was expecting, saying they will make earnings targets at a later date."
  3. Elch

    Elch Crack

    Dabei seit:
    F 119 D
    Frankfurt, 06. Feb - Nach einer zurückhaltenden Gewinnprognose für 2002 und einer deutlichen Dividendenkürzung haben die Aktien des Automobilkonzerns DaimlerChrysler<DCXGn.DE> am Mittwoch ihre Verluste deutlich ausgebaut. Das Papier lag zeitweise knapp sieben Prozent im Minus, nachdem die Titel kurz vor Veröffentlichung der Vorhersage noch rund ein halbes Prozent schwächer tendiert hatten. Analyst Adam Collins von Schroder Salomon Smith Barney sagte: "Der Markt wird das (die zurückhaltende Prognose) als Gewinnwarnung werten." Sein Kollege Erik Burgold von der BHF Bank ergänzte: "Die Dividende liegt über unseren Erwartungen, aber ich denke, viele Marktteilnehmer hatten mehr erwartet."

    DaimlerChrysler hatte zuvor mitgeteilt, für das laufende Jahr werde ein bereinigter operativer Gewinn erwartet, der "das Doppelte des Vorjahresniveaus sehr deutlich übertrifft". Bislang hatte der Konzern für 2002 einen operativen Gewinn ohne Einmaleffekte zwischen 5,5 und 6,5 Milliarden Euro vorhergesagt. Für 2001 will der Konzern eine Dividende von 1,00 Euro (Vorjahr 2,35) je Aktie auszahlen.

    Der Kursverlust der DaimlerChrysler-Aktie von 6,95 Prozent ist der größte Tagesverlust seit dem 20. September 2001. Die Marktkapitalisierung verringerte sich dadurch um 3,17 Milliarden Euro. Gemessen an den Schlusskursen hatte der Marktwert des Unternehmens am Dienstag 45,59 Milliarden Euro betragen. Am Nachmittag tendierte das Daimler-Papier über fünf Prozent niedriger bei 42,40 Euro. Der Dax verlor unterdessen 1,24 Prozent.

DaimlerChrysler: Operating Profit 2001 Within Target Range

Die Seite wird geladen...

DaimlerChrysler: Operating Profit 2001 Within Target Range - Ähnliche Themen


  2. DaimlerChrysler A160L Federbrüche

    DaimlerChrysler A160L Federbrüche: O.a. PKW ist Baujahr 2001. Letztes Jahr bei 78Tkm Federbruch hinten. Wurde von Merc.Werkstatt auf Kulanz behoben. Dieses Frühjahr bei 95Tkm...
  3. DaimlerChrysler & Mercedes-Benz im Internet

    DaimlerChrysler & Mercedes-Benz im Internet: [IMG] DaimlerChrysler & Mercedes-Benz im Internet DaimlerChryslerDaimlerChrysler … DaimlerChrysler Worldwide … DaimlerChrysler...
  4. Kieser Training bei DaimlerChrysler

    Kieser Training bei DaimlerChrysler: ---------- Kieser erzählt vom Pilotversuch bei DaimlerChrysler in Gaggenau. Die Mitarbeiter konnten während der Arbeit zum Training. Gekommen sind...
  5. DaimlerChrysler plant 50 neue Modelle bis 2008

    DaimlerChrysler plant 50 neue Modelle bis 2008: http://www.spiegel.de/wirtschaft/0,1518,401262,00.html Ok, die Zahl 50 bezieht sich auf alle Konzernautomarken, aber wenn man "die anderen"...