Wednesday, July 26, 2017

Daimler Q2 Profit Up On Volume Strength; Sees Significantly Higher FY17 Results

German automaker Daimler AG reported Wednesday a slight increase in second-quarter net profit, while EBIT, a key earnings metric, climbed on higher unit sales. Looking ahead, the company said it projects significant growth in Group EBIT, revenues and unit sales in the year 2017.

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