Daimler’s revenue increased by 11% to €38.8bn and the group’s stated EBIT and net profit numbers were €4.0bn (+87%) and €2.70bn (+100%) respectively. However, instead of exceptional and one-off charges of €532m incurred in Q1 16, this year’s accounts include gains of €690m, i.e. the positive swing from these items is more than €1.2bn.
26 Apr 2017
Final Q1 accounts good but not as good as indicated earlier
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Final Q1 accounts good but not as good as indicated earlier
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
26 Apr 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Daimler’s revenue increased by 11% to €38.8bn and the group’s stated EBIT and net profit numbers were €4.0bn (+87%) and €2.70bn (+100%) respectively. However, instead of exceptional and one-off charges of €532m incurred in Q1 16, this year’s accounts include gains of €690m, i.e. the positive swing from these items is more than €1.2bn.