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Daimler earnings rise by 8% after the sale of its stake in Addis

Daimler said the German maker of Mercedes-Benz luxury she recorded an increase of 8% in its net profit last year following the sale of its stake in the European defense and aviation industries, "EADS".

Company based in Stuttgart, said that net profit rose to 5.6 billion euros (8.8 billion dollars), compared to 6 billion euros in 2011 after it obtained income of $ 709 million euros from the sale of its stake in EADS.
Said Director executive Dieter Tschh said the last fiscal year was generally a strong year for Daimler with achieving some significant achievements, but also with a clear potential for improvement.
The Tschh added that despite the success and a tremendous leader in investment in 2012, the fact that the company did not achieve their targets for earnings and profitability.
The group said earnings before interest and taxes in the last year of its existing activities fell by 10% to reach 1.8 billion euros.
Daimler had warned in October that it would investigate a deficit of one billion euros to meet to the original target for operating profit for the past year to remain at 9 billion euros.
The company cut car halfway in the application program to provide $ 3 billion euros in order to enhance their profitability.
The company also is trying to strengthen its presence in China as part of its efforts to catch up with my company "BMW" and "Audi" regional rivals.
The Daimler said last Friday it bought a 12% stake in the company, "BAIC Motor" its Chinese partner in the joint venture.
The issuance of this data, suggested Daimler that global demand for cars will grow this year by between 2 and 4%.
The company attributed largely to continued strong demand in China and a moderate improvement in the United States.
Last year was a difficult year on the European auto companies after he hurt the euro zone debt crisis in sales throughout the region.
But Daimler does not find momentum from the Western Europe market is likely to slow demand in Japan dramatically.
Daimler's revenue exceeded expectations reaching 3.114 billion euros against 6.113 billion was expected, also comes compared with 54.106 billion euros in 2011.
The company will keep the value of the coupons last year's shareholders at 20 t 2 euros per share

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