Frankfurt: German car and truck maker Daimler AG is reporting record profits for last year as sales of the company’s luxury cars rose despite a troubled global economy. And that means more cash for investors and workers. The company is raising its dividend to €3.25 (Dh13.34, $3.60) per share, from €2.45, and will be soon be sending fat profit-sharing checks of €5,650 ($6,215) per eligible worker, also a record high. Net profit for the year rose to €8.9 billion from €7.3 billion in 2014, while revenue jumped to €149.5 billion. Sales of the company’s Mercedes-Benz luxury cars rose 16 per cent. Truck and bus businesses did less well, hit by weak markets in Latin America.
Daimler sees record profit for year, ups dividend
Net profit for the year rose to €8.9b from €7.3b in 2014