Car and van deliveries were both sharply up in 2016 whereas truck and bus deliveries fell. These numbers are no major surprise, but revenue of just above €153bn is some €1bn short of our projection. Daimler’s final accounts are not yet out, but the publication of preliminary numbers show a 2% EBIT fall to €12.9bn (we had €12.0bn) and a 1% profit (before minorities) increase to slightly less than €8.8bn while we had expected it to increase to €9.1bn. Because
02 Feb 2017
Good volume but disappointing revenue, net profit and dividend numbers
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Good volume but disappointing revenue, net profit and dividend numbers
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
02 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Car and van deliveries were both sharply up in 2016 whereas truck and bus deliveries fell. These numbers are no major surprise, but revenue of just above €153bn is some €1bn short of our projection. Daimler’s final accounts are not yet out, but the publication of preliminary numbers show a 2% EBIT fall to €12.9bn (we had €12.0bn) and a 1% profit (before minorities) increase to slightly less than €8.8bn while we had expected it to increase to €9.1bn. Because