Daimler Exceeds Expectations in Its New Sales Figures
Daimler AG just released its new quarterly sales data. So far, its profits almost doubled, exceeding the expectations of analysts, according to WSJ Business. Based on the year-on-year first quarter data released by the parent company of Mercedes-Benz, its overall net profit jumped from €1.03 billion last year to €1.96 billion in the present year. The numbers significantly surpassed the €1.61 billion forecast of analysts for this quarter. Bodo Uebber, Member of the Board of Management of Daimler AG for Finance & Controlling and Daimler Financial Services, commented that they are on a very good path to meet forecasts. He added, that they will also take a step-by-step approach in their margin targets. The Finance Chief… Continue Reading »