Friday, October 23, 2020

Daimler Q3 Profit Climbs, Now Sees Flat EBIT In FY20; Stock Up

Shares of Daimler AG were gaining around 2 percent in the morning trading in Germany after the auto giant reported Friday higher profit in its third-quarter, despite weakness in revenues and sales volume. Further, the company now expects Group EBIT for full year 2020 at the prior-year level, compared to previous expectation of a decline.

from RTT - Earnings https://ift.tt/31uN2B1
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