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Daimler Announced Its Preliminary Results for Q2

Auto News - Published on Tue, 16 Jul 2019

Image Source: carlogos.org
Due to items listed below, Daimler AG has achieved a Group EBIT for the second quarter 2019 that is significantly below market expectations. Group EBIT sums up to EUR minus 1.6 billion (Q2 2018: EUR 2.6 billion).

EBIT for the divisions amounts to:
Mercedes-Benz Cars: EUR minus 0.7 billion (Q2 2018: EUR 1.9 billion)
Daimler Trucks: EUR 0.7 billion (Q2 2018: EUR 0.5 billion)
Mercedes-Benz Vans: EUR minus 2.0 billion (Q2 2018: EUR 0.2 billion)
Daimler Buses: EUR 0.1 billion (Q2 2018: EUR 0.1 billion)
Daimler Financial Services: EUR 0.4 billion (Q2 2018: EUR 0.1 billion)
Reconciliation: EUR minus 0.1 billion (Q2 2018: EUR minus 0.1 billion)
All mentioned figures are preliminary and unaudited.

Source :

Posted By : Mohan Sharma on Tue, 16 Jul 2019
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