Thursday, July 23, 2020

Daimler Q2 Loss Widens On Weak Demand; Sees Operating Profit In FY20; Stock Up

Shares of Daimler AG were gaining around 6 percent in the morning trading in Germany after the auto giant reported Thursday that it started seeing first signs of sales recovery amid Covid-19 pandemic, and projects to record an operating profit in fiscal 2020. This was despite reporting wider loss and weak sales volume in its second quarter hurt by the virus-related lockdowns.

from RTT - Earnings https://ift.tt/2WOfYBt
via IFTTT

No comments:

Post a Comment