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Profit increase despite Corona crisis: Daimler surprises with higher dividend

Source: Stuttgarter Zeitung und Stuttgarter Nachrichten (Glomex)

Daimler came through the past year better than expected. On balance, the Dax group earned four billion euros in 2020 compared to 2.7 billion euros in the previous year. After catching up in the fourth quarter, Daimler expects a sustained recovery this year. Unit sales, revenue and operating profit are expected to be significantly higher in 2021 than in the Corona crisis year of 2020, the automaker announced as part of its presentation of the financial statements. Business editor Yannik Buhl explains the most important questions about Daimler's 2020 balance sheet on camera.

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