Outlook

Due to the interrelations between Daimler AG and its subsidiaries and the relative size of Daimler AG within the Group, we refer to the statements in the Outlook chapter, which largely reflect our expectations also for the parent company. We also have adjusted the sensitivities for forecasting the unit sales, revenue and net profit in accordance with the Group for Daimler AG, effective with financial year 2019. (See Outlook) Excluding the effect of the planned separation as part of Project Future, we expect Daimler AG to achieve net profit in 2019 at the level of financial year 2018. We anticipate a higher operating profit and lower financial income. In 2019, we expect Daimler AG to achieve unit sales and revenue slightly above the prior-year levels.

Following the approval of Project Future at the 2019 Annual Shareholders’ Meeting of Daimler AG, the car and van business as well as the truck and bus business will be separated into the legally independent entities Mercedes-Benz AG and Daimler Truck AG. As a result, Daimler AG will not sell any vehicles in the future. The remaining, significantly lower revenue will relate to intra-Group charging for services. Mercedes-Benz AG and Daimler Truck AG will each have a profit-and-loss-transfer agreement with Daimler AG. We therefore expect net profit for financial year 2019 to remain at the previous year’s level.

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Sustainability and integrity
Risks and opportunities