German carmaker Daimler posted on Wednesday a 30 percent jump in its second quarter net profit to a record 1.7 billion euros ($2.5 billion). Core earnings before interest and taxes (EBIT) jumped to a record 2.581 billion euros, from 2.104 billion in the same period a year earlier, the group said in a statement. Daimler, which has seen sales in emerging markets mark solid gains, forecast that its full-year core earnings "will very significantly exceed the level of 2010." In the three months from April through June, group sales gained 4.8 percent to 26.3 billion euros, while the Mercedes-Benz division posted its strongest core earnings ever at 1.566 billion euros, up from 1.376 billion a year before. "The very good earnings trend is primarily a reflection of increased vehicle shipments by nearly all divisions," Daimler chairman Dieter Zetsche was quoted as saying. "Mercedes-Benz Cars actually recorded its strongest-ever volumes and highest-ever quarterly EBIT," he added.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor