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    DAI   DE0007100000

DAIMLER AG

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China to remain "super market" into next year, Daimler China chief says

11/25/2021 | 04:32am EST

BERLIN, Nov 25 (Reuters) - Daimler's China sales will stay strong next year, the carmaker's China chief said on Thursday, adding he was confident that Mercedes-Benz could grow its share of the country's electric vehicle market given little competition in the premium car segment.

Its car sales in China jumped 12% last year to a record 774,000 despite the pandemic, and over 8% growth had been registered this year so far, Hubertus Troska said on a roundtable with journalists.

"Everything speaks for the fact that China will be a super market next year as well," Troska said. (Reporting by Victoria Waldersee Editing by Paul Carrel)


ę Reuters 2021
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Financials
Sales 2021 168 B 191 B 191 B
Net income 2021 12 836 M 14 564 M 14 564 M
Net cash 2021 23 246 M 26 375 M 26 375 M
P/E ratio 2021 7,09x
Yield 2021 5,01%
Capitalization 91 813 M 104 B 104 B
EV / Sales 2021 0,41x
EV / Sales 2022 0,35x
Nbr of Employees 289 282
Free-Float 81,4%
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Mean consensus BUY
Number of Analysts 24
Last Close Price 85,82 €
Average target price 101,14 €
Spread / Average Target 17,9%
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Managers and Directors
Ola Kńllenius Chairman-Management Board
Harald Emil Wilhelm Chief Financial Officer
Bernd Pischetsrieder Chairman-Supervisory Board
Markus Schńfer Chief Operating Officer
Clemens A. H. B÷rsig Member-Supervisory Board
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