Consolidated revenue increased by 5.7% to slightly less than €41bn in Q3 which brought the 9M number to €120.7bn, an increase of 7.6%. The respective EBIT and net profit numbers were -14% to €3.46bn, +19% to €11.2bn and -16% to €2.18bn and +15% to €7.32bn. We had expected 9M revenue of just below €122bn, an EBIT number of €11.8bn and a net profit number of €7.76bn, i.e. all three numbers were short of our projections.
20 Oct 2017
Q3 profit growth only in Trucks and Financial Services
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Q3 profit growth only in Trucks and Financial Services
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
20 Oct 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Consolidated revenue increased by 5.7% to slightly less than €41bn in Q3 which brought the 9M number to €120.7bn, an increase of 7.6%. The respective EBIT and net profit numbers were -14% to €3.46bn, +19% to €11.2bn and -16% to €2.18bn and +15% to €7.32bn. We had expected 9M revenue of just below €122bn, an EBIT number of €11.8bn and a net profit number of €7.76bn, i.e. all three numbers were short of our projections.