The group’s consolidated accounts showed Q3 revenue of €38.6bn (+3.5%), EBIT of €4.04bn (+10%), and net earnings of €2.6bn (+8.8%). The respective ytd numbers were €112bn (+3.0%), €9.44bn (-8.2%), and €6.38bn (-3.6%). All these latter numbers are higher than our projected €110.7bn, €8.29bn, and €5.85bn.
21 Oct 2016
Better than expected Q3 profit number
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Better than expected Q3 profit number
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
21 Oct 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s consolidated accounts showed Q3 revenue of €38.6bn (+3.5%), EBIT of €4.04bn (+10%), and net earnings of €2.6bn (+8.8%). The respective ytd numbers were €112bn (+3.0%), €9.44bn (-8.2%), and €6.38bn (-3.6%). All these latter numbers are higher than our projected €110.7bn, €8.29bn, and €5.85bn.