Achievements of the New Corporation

Achievements of the New Corporation. DaimlerChrysler AG today reported a record operating profit of EUR 11.011.1 billion in 1999, the company s first full year of operations. This is an increase of 28 compared to the 1998 figure of EUR 8.68.7 billion.

Adjusted for one-time effects, principally the sale of debitel shares and restructuring expenses at Adtranz, operating profit grew by 20 to EUR 10.310.4 billion. Operating profit thus outpaced revenues which rose by 14 to a record EUR 150.0151.0 billion. Recently, the German financial magazine Capital conducted a survey on the provision of shareholders information on the Internet. The overall winner was DaimlerChrysler, which was recognized as the best provider of company information on the Internet.