Daimler AG (OTC: DDAIF) reported a 57% rise in its fourth-quarter net profit.
Daimler's quarterly net profit surged to 1.79 billion euros ($2.37 billion), from €1.14 billion, in the year-ago period. Its revenue climbed 10% to €29.07 billion, from €29.4 billion.
Daimler shares closed at $59.75 yesterday.
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