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To: smolejv@gmx.net who wrote (28974)	2/20/2003 7:11:51 AM
From: smolejv@gmx.net	Respond to of 74559

DaimlerChrysler: Significant Profitability Improvement in 2002 o Group operating profit excluding one-time effects increases more than fourfold to EUR 5.8 billion (EUR 6.9 billion including one-time effects) o All divisions report higher earnings o Mercedes Car Group: operating profit slightly higher than previous year at EUR 3.0 billion o Chrysler Group: operating profit excluding one-time effects of EUR 1.3 billion, very well above target o Commercial Vehicles: operating profit excluding one-time effects improves to EUR 176 million o Services: operating profit excluding one-time effects rises significantly to EUR 964 million daimlerchrysler.com first reactions: (sorry for babbel-english) ROUNDUP: DaimlerChrysler wants to increase 2003 result - markets contently STUTTGART (dpa AFX) - the German-American automaker DaimlerChrysler assumes that despite increasing economic and political uncertainties to be able to increase its company result 2003. A condition are however stable basic conditions in the most important markets, said DaimlerChrysler chief executive Juergen Schrempp on Thursday in Stuttgart. Analysts expressed themselves in first reactions positively surprised, the share added up to noon by 0,69 per cent on 27,77 euro. Waxes wants the company in the coming years particularly on the asiatic market and by the introduction of numerous new vehicle models. In the current financial year the enterprise counts on an easy turnover increase of 149,6 to 151 billion euro. 2005 aim at the enterprise a conversion of 163 billion euro. RESULT INCREASES IN ALL SECTIONS Schrempp affirmed the goal of his company to achieve in the current year in all sections result increases. In particular the US section Chrysler will add clearly. "from today's view the Chrysler Group assumes that to achieve their goal operating profit from 2 billion euro to." Also the Mercedes Car Group (Mercedes Benz, Maybach and Smart) becomes 2003 "with paragraph, conversion and yield to the high level of the previous year ties", said Schrempp. Optimistically the company head gave itself also for the commercial motor vehicle range of the company: Here the DaimlerChrysler boss strives at least with paragraph and conversion the previous year level to. The operational profit will continue to improve on the basis of 176 million euro in 2002, said Schrempp. CHRYSLER GOOD THAN EXPECTS In the past year the Mercedes Car Group put with the operating profit easily on 3,02 (2001: 2,96) billion euro too. The conversion with Mercedes rose by five per cent to 50,2 (47,7) billion euro. The American autofarmer Chrysler reached 2002 the profit area. Without a mark effects the operational profit of the Chrysler Group amounted to 1.32 billion euro. The balanced result aimed at in the scheme of reconstruction 2001 was exceeded clearly thereby. 2001 had booked Chrysler a loss of 2.18 billion euro. The commercial motor vehicle section of DaimlerChrysler could increase their operational profit more clearly than expected. The settled "operating profit" 176 million euro amounted to - 51 million euro were planned. Unique expenditures for measures of reorganization led nevertheless under the line to a loss of 343 (minus 519) million euro with the commercial motor vehicles. Altogether the autocompany 2002 increased its settled operating profit by more than the quadruple on 5,8 (1,3) billion euro. DIVIDEND INCREASES Including a mark effects - for example incomes on sales like that of the IT Dienstleisters Debis system house, which brought in alone 2.6 billion euro, or expenditures for measures of reorganization - the operational profit of DaimlerChrysler amounted to 2002 even 6.9 billion euro. The company result lay - with a mark effects - with 4.7 billion euro, after a loss of 662 million euro in the year before. The shareholders are to receive for 2002 a dividend from 1,50 (1,00) to euro for each share. To those approximately 365,600 coworkers are to be paid in Germany 1,200 euro each, with Chrysler in the USA 460 US dollar. ANALYSTS SURPRISED BY POSITIVE VIEW Analysts asked by dpa AFX expressed itself in first reactions to the balance presentation surprised from the positive view of the company for the current year. "in these times it is not matter of course that DaimlerChrysler delivers at all a prognosis. I meanwhile actually think capable of to the enterprise that it can also in this year again add ", said George Stuerzer of the HypoVereinsbank (HVB). Automobilanalyst Michael Raab of Sal. Oppenheim counts in this year on further clear result increases with Chrysler and the commercial motor vehicle section. "many positive effects of the restructuring will still disburse themselves", said Raab. It would have wished a more precise view, to the schau carried the self-confident its is however confirmed it in the acceptance, "that in this year operationally 7.5 billion euro in it be can." Juergen Pieper of the banking house Metzler counts against it for this year on an operational profit of 6.6 billion euro. He is content with the results with Chrysler and the commercial motor vehicle section, "however that rather dull result with Mercedes Benz then nevertheless something disappointed", said Pieper./af/zb/aa Source: Dpa afx