DGAP-Adhoc

Daimler AG: Preliminary results for the third quarter 2020 above market expectations and positive impact for the remainder of the year 2020 expected - Seite 2

- Expenses of € 407 million mainly for ongoing efficiency programs and including € 68 million for adjustment and realignment of capacities within the global production network in connection with the intended sale of the car plant in Hambach.

- Total of legal proceedings and related measures for Daimler Group: € 2million.

Given the development of the third quarter, Daimler also expects a positive impact for the remainder of the year, however with the fourth quarter 2020 to show the usual year-end seasonality pattern. Please note this statement is made under the assumption of no further COVID-19 lockdowns.

Accordingly, Daimler expects to publish an updated guidance for the financial year 2020 together with its quarter results on October 23, 2020.

EBIT, EBIT adjusted, RoS adjusted, RoE adjusted, Industrial Free Cash Flow and Industrial Free Cash Flow adjusted are defined on pp. 64 and 73 of the Daimler Annual Report 2019.

Contact:
Jörg Howe, [phone], [e-mail]
Hendrik Sackmann, [phone], [e-mail]
Matthias Krust, [phone], [e-mail]

Contact:
Hendrik Sackmann
Tel.: [phone]
[e-mail]

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15-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:	English
Company:	Daimler AG
	Mercedesstrasse 120
	70372 Stuttgart
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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:	1141249