TELETRADER News
10/29/2021, 7:01 AM
(Source: TeleTrader)
Mercedes-0.24%
Daimler's revenue down to €40.1 billion in Q3
Daimler AG unveiled on Friday that its revenue in the third quarter amounted to €40.1billion after a slight slide from the figure of €40.2 observed in the third trimester of 2020.
Net profit climbed to €2.6 billion, after a 19% rise on an annual level, and EBIT reached €3.57 billion. The automaker added its sales tumbled 25% to land at 577,848.
"We remain on track to meet our full-year targets thanks to a more robust business – resulting in an EBIT increase despite a challenging environment," Daimler CFO Harald Wilhelm commented.