As expected, Daimler’s profits have fallen in the last quarter, but much more than we had expected. Trucks increased worldwide deliveries by 2% and turnover was up by 11%, but the EBIT was down by 10%. For us, this was a major disappointment, but the other divisions did not do any better.
26 Apr 2019
Q1 revenue as expected, but profits substantially lower
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Q1 revenue as expected, but profits substantially lower
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
26 Apr 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
As expected, Daimler’s profits have fallen in the last quarter, but much more than we had expected. Trucks increased worldwide deliveries by 2% and turnover was up by 11%, but the EBIT was down by 10%. For us, this was a major disappointment, but the other divisions did not do any better.