20
Aprile
2010
|
02:00
Europe/Amsterdam

Daimler Group EBIT of 1.2 billion € in the first quarter above market expectations

Daimler AG (stock-exchange abbreviation DAI) yesterday released its preliminary figures for the first quarter of 2010. Group revenues amount to 21.2 billion €, while Group Earnings before Interest and Taxes (EBIT) including special reporting items amount to 1.2 (2009: -1.4) billion €.

The EBIT in the first quarter was supported by very solid results at Mercedes-Benz Cars in consequence of strong sales, model mix and pricing as well as a favourable overall cost position during the first quarter.

The divisions' preliminary EBITs are Mercedes-Benz Cars 806 million €;
Daimler Trucks 130 million €; Mercedes-Benz Vans 64 million €;
Daimler Buses 41 million €; Daimler Financial Services 119 million €.


Negative special reporting items are included in the division results in Daimler Trucks and Daimler Financial Services. The gain from the sale of the stake in Tata and the negative impact from EADS are at similar levels.

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