24.09.2019 Daimler AG  DE0007100000

DGAP-Adhoc: Daimler AG: Administrative offense proceedings against Daimler AG fully concluded


DGAP-Ad-hoc: Daimler AG / Key word(s): Legal Matter
Daimler AG: Administrative offense proceedings against Daimler AG fully concluded

24-Sep-2019 / 13:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc announcement

Administrative offense proceedings against Daimler AG fully concluded

- Negligent violation of supervisory duties results in fine in the amount of EUR 870 million

- Daimler AG refrains from taking legal remedy

- Earnings forecast of Company remains unchanged

Stuttgart, Germany - Today, the Stuttgart public prosecutor issued a fine notice against Daimler AG pursuant to Sections 30 para. 1, 130 para. 1 of the Administrative Offenses Act based on a negligent violation of supervisory duties in the area of vehicle certification in connection with deviations from regulatory requirements in certain Mercedes-Benz vehicles. According thereto, the negligent violation of supervisory duties occurred on the department head level. The Company has refrained from taking a legal remedy against the fine notice. The public prosecutor's administrative offense proceeding against Daimler AG is thereby fully concluded.

According to the public prosecutor's findings, the negligent violation of supervisory duties caused at least in part that certain vehicles of Daimler AG had partly deviated from regulatory requirements since 2008. In this context, the public prosecutor essentially refers to the known recall orders by the German Federal Motor Transport Authority (KBA). In order to get clarity also for the future with respect to the interpretation of relevant legal provisions in a complex technical environment, Daimler AG maintains the objections against the KBA orders. After weighing all aspects, Daimler has refrained from taking a legal remedy in the public prosecutor's administrative offense proceeding. It is in the Company's best interest to end the administrative offense proceeding in a timely and comprehensive manner and thereby conclude this matter.

The fine notice provides for a fine in the amount of EUR 870 million. The amount of the fine consists of a sanctioning part as well as a disgorgement part. The amount of the sanctioning part is EUR 4 million for the negligent violation of supervisory duties as assumed by the public prosecutor. It is thus below the statutory maximum amount. The amount of the disgorgement part is mainly determined by the profitability of the Company and amounts to EUR 866 million.

The Company's full cooperation and the considerable quality control measures that have meanwhile been established in the context of the technical Compliance Management System have been considered to the benefit of the Company.

For the third quarter 2019 the fine does not result in a relevant additional negative effect on earnings. The Company maintains its earnings forecast as published.

Jörg Howe, + 49 711 17-4 13 41, [email protected]
Ute Wüest von Vellberg, + 49 7 11 17-2 55 73, [email protected]
Johannes Leifert, + 49 711 17-4 13 43, [email protected]
Hendrik Sackmann, + 49 7 11 17-3 50 14, [email protected]

This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "can," "could," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates and tariff regulations; a shift in consumer preferences towards smaller, lower-margin vehicles; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases for fuel or raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending government investigations or of investigations requested by governments and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading "Risk and Opportunity Report" in the current Annual Report. If any of these risks and uncertainties materializes or if the assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication.

Hendrik Sackmann
Tel.: +49 (0)711 17 35014
[email protected]

24-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Daimler AG
Mercedesstrasse 120
70372 Stuttgart
Phone: +49 (0)711 17-0
Fax: +49 (0)711 179 40 75
E-mail: [email protected]
Internet: www.daimler.com
ISIN: DE0007100000
WKN: 710000
Indices: DAX, EURO STOXX 50
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 878801

End of Announcement DGAP News Service

878801  24-Sep-2019 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 153.261,00 164.154,00 167.362,00 172.745,00 121.778,00 133.893,00 0,00
EBITDA1,2 18.380,00 20.024,00 17.437,00 12.080,00 15.048,00 23.008,00 0,00
EBITDA-Marge3 11,99 12,20 10,42 6,99 12,36 17,18 0,00
EBIT1,4 12.902,00 14.348,00 11.132,00 4.329,00 6.091,00 16.028,00 0,00
EBIT-Marge5 8,42 8,74 6,65 2,51 5,00 11,97 0,00
Jahresüberschuss1 8.784,00 10.617,00 7.582,00 2.709,00 4.009,00 23.396,00 0,00
Netto-Marge6 5,73 6,47 4,53 1,57 3,29 17,47 0,00
Cashflow1,7 3.711,00 -1.652,00 343,00 7.888,00 22.332,00 24.549,00 0,00
Ergebnis je Aktie8 7,97 9,84 6,78 2,22 3,39 21,50 6,20
Dividende8 3,25 3,65 3,25 0,90 1,35 5,00 3,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

Mercedes-Benz Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
710000 55,220 Halten 59.076,42
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,50 10,45 0,84 7,01
0,89 2,41 0,44 1,65
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
1,35 5,00 9,05 29.04.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
27.04.2022 27.07.2022 26.10.2022 11.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-13,05% -18,08% -18,30% -13,23%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Daimler AG  ISIN: DE0007100000 können Sie bei DGAP abrufen

Automobile , 710000 , MBG , XETR:MBG