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Daimler Says 1Q17 Operating Profit Zoomed 87%
Daimler AG, citing unaudited data, says its earnings before interest and taxes for January-March soared to €4 billion ($4.3 billion) from €2.2 billion in the first quarter of 2016.
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Daimler AG, citing unaudited data, says its earnings before interest and taxes for January-March soared to €4 billion ($4.3 billion) from €2.2 billion in the first quarter of 2016.
EBIT for the company’s Mercedes-Benz Cars unit jumped 59% to €2.2 billion ($.4 billion) for the period.
Daimler said late last month that it expects to report record until sales for the first quarter. The company is scheduled to report full quarterly results on April 26.
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