Market Overview

Daimler Posts Lower Q2 Profit

Related DDAIF
Stock Market News for April 02, 2014 - Market News
Daimler AG Acquires 12% Stake in BAIC Motor

Daimler AG (OTC: DDAIF) posted a drop in its second-quarter profit.

Daimler's quarterly net profit attributable to shareholders declined to EUR1.43 billion, versus EUR1.61 billion, in the year-ago period. Its EBIT fell to EUR2.24 billion from EUR2.58 billion.

Daimler's revenue climbed 10% to EUR28.90 billion. However, analysts were expecting a net profit of EUR1.36 billion on revenue of EUR27.60 billion.

Posted-In: profitEarnings News


Most Popular

Related Articles (DDAIF)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free