Mexican Media Brands
Daimler's Second-Quarter Revenue, Profits Surge
Daimler AG reports its revenue and net earnings for the second quarter of 2015 climbed 19% to €37.5 billion and 8% to €2.4 billion, respectively.
#economics
Share
Daimler AG reports its revenue and net earnings for the second quarter of 2015 climbed 19% to €37.5 billion and 8% to €2.4 billion, respectively.
Unit sales of the group's cars and trucks jumped 14% to 714,800 units in April-June. Group earnings before interest and taxes on continuing business surged 54% to €3.8 billion.
Mercedes-Benz Cars hiked quarterly sales 20% to an any-quarter record 500,700 vehicles. The division's revenue rose 19% to €2.1 billion, and EBIT jumped 58% to €2.2 billion.
Sales of commercial vehicles by Daimler Trucks were flat at 125,100 units in April-June. But revenue grew 19% to €9.4 billion, and EBIT rose to a record €682 million. Higher volume in western Europe (+15% to 15,200) and North America (+20% to 49,400) offset drops of 28% in South America and 51% in Indonesia.
Mercedes-Benz Vans hiked quarterly unit sales 7% to a record 81,600 vehicles, pushed by 9% growth in western Europe. Revenue advanced 13% to €2.8 billion. Operating profit slipped 3% to €234 million.
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.