Daimler AG reported its fourth-quarter and full-year earnings were up over the previous year due in large measure to strong sales from its Mercedes-Benz luxury car division.
“2015 was a good year for Daimler,” CEO Dieter Zetsche said in the statement. “Getting to the top is hard, but staying at the top is even harder. That’s our ambition.”
The company’s fourth-quarter earnings before interest and tax rose 22% to $3.8 billion and its revenue jumped 13% to $45.3 billion. For the full year, EBIT increased to $15.5 billion: a jump of 36%. (more…)