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Anthony Dick ...
  • Michael Foundoukidis

Daimler : So there was still room for more positive surprises

>Pleasant surprises on the dividend and the outlook for 2021 - While Daimler had already published a very solid set of 2020 preliminary results at the end of January (and announced since the forthcoming spin-off of the truck division by the end of the year), the focus on the final 2020 results release was essentially on the dividend (€ 1.35 vs consensus at € 1.10, return to a payout rate of 40%) and the 2021 outlook. It has to be said that on these two points the grou...
Underlying
Daimler AG

Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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