Thu, Jul. 21, 4:59 AM
Fri, Apr. 22, 4:51 AM
- Daimler (OTCPK:DDAIF) shares are down 6% in Frankfurt after Q1 results were overshadowed by news that the German automaker was reviewing its emissions certification process at the prompting of the U.S. Justice Department.
- CFO Bodo Uebber said the company was cooperating, but declined to comment further.
- Daimler's net profit fell 32% to €1.4B in the three months to end-march as currency headwinds overpowered strong Mercedes sales in China.
- Previously: Daimler AG reports strongest unit sales in a quarter (Apr. 22 2016)
Fri, Apr. 22, 4:03 AM
- Daimler AG (OTCPK:DDAIF): Q1 EPS of €1.26 misses by €0.20.
- Revenue of €35B (+2.2% Y/Y) misses by €790M.
- Unit Sales: Daimler Group 683,885 (+7% Y/Y), Mercedes-Benz cars 496, 756 (+8% Y/Y), Daimler Trucks 105,664 (-6% Y/Y), Mercedes-Benz Vans 76,647 (+20% Y/Y), Daimler Buses 4,818 (-15% Y/Y)
- Press Release
Jul. 4, 2014, 8:13 AM
- Global Mercedes-Benz (DDAIF) sales climbed 13% in the first-half of 2014, due to high demand in China and other Asian markets. Sales in June were up 8% compared to a year earlier.
- Strong growth in Asian markets led China to report a 38% increase for the first six months of the year, accounting for 17% of the company's world-wide sales.
- However, other markets attained more modest growth trends. Sales in the U.S. and Europe grew by approximately 7%, while Germany, Mercedes' home market, fell flat in the first-half of 2014.
The Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles.
Sector: Consumer Goods
Industry: Auto Manufacturers - Major
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