Daimler-Benz 1994 financial year at a glance.STUTTGART, Germany--(BUSINESS WIRE)--April 12, 1995--
DAIMLER BENZ
1994 FINANCIAL YEAR AT A GLANCE
1994 1993
Sales revenue (in DM billion) 104.1 98.5 Operating profit (in DM billion) 2.71 -3.3 Net income (in DM million) 895 615 Net profit/loss in accordance with U.S. GAAP (in billions of DM) 1.05 -1.8 Earnings/loss per share in DM (U.S. GAAP) 21.53 -39.47 Dividend per share (in DM) 11 7.9(a) Employees 330,551 366,736 (a) Adjusted to take account of 1994 increase in capital stock STUTTGART, Germany--12 April 1995--"We are satisfied with our performance in the 1994 financial year," commented Edzard Reuter Edzard Reuter (born February 16 1928) was the CEO of Daimler-Benz from 1987 to 1995. Edzard Reuter was born in Berlin, his father was the popular social democratic politician and mayor of Berlin from 1948 to 1953, Ernst Reuter. , Chairman of Daimler-Benz, in the company's Annual Report just presented. The various projects for new products, for the streamlining and rationalisation Noun 1. rationalisation - (psychiatry) a defense mechanism by which your true motivation is concealed by explaining your actions and feelings in a way that is not threatening rationalization of all processes and for the expansion of the international presence of the group had made good progress, he said. There had also been a further improvement in the results trend, despite the continuing weakness of important currencies against the Deutschmark which had made 1994 a by no means easy year. Sales revenues of the group increased in 1994 to DM 104.1 billion, 7% up on the comparably calculated figure for the previous year. Revenues in the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community rose by 4% to DM 59.9 billion, business in Germany by 3% to DM 39 billion. Daimler-Benz posted an above-average rise of 13% to DM 18.3 billion in the USA, and of 11% to DM 25.9 billion in the other markets. Excluding intragroup deliveries, Mercedes-Benz contributed 66%, AEG AEG Aeger (Latin: Sick) AEG Allgemeine Elektrizitäts-Gesellschaft (Common Electricity Company) AEG Aircraft Evaluation Group AEG Association of Engineering Geologists AEG Air Expeditionary Group Daimler-Benz industrie 10%, Daimler-Benz Aerospace 16% and debis 8% to consolidated revenues. More detailed information will be presented as of 10:00 a.m. today at the Results Conference. CONTACT: Daimler-Benz AG, Stuttgart Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. (OWK OWK Other World Kingdom OWK Obi-Wan Kenobi (Star Wars) ) Roland Klein Klein , Melanie 1882-1960. Austrian-born British psychoanalyst who first introduced play therapy and was the first to use psychoanalysis to treat young children. Phone: (49) 711-17-93635 Fax: (49) 711-17-94686 or Ursula Mertzig Phone: (49) 711-17-93315 Fax: (49) 711-17-94531 or Daimler-Benz NA, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Corporate Communications Bernhard Harling Phone: 212/909-9717 Fax: 212/308-4252 |
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