Management Report

Daimler continued along its growth path in 2012. Revenue increased by 7% to €114.3 billion. EBIT of €8.6 billion did not quite reach the high prior-year level due to difficult conditions in important markets. With substantial expenditure to secure our future success, we created the right conditions in 2012 for ongoing and profitable growth. For 2013, we anticipate a marketrelated weakening of our business development in the first half of the year followed by a recovery as the year progresses, which will be supported by our product launches.