Daimler Says Q2 Group EBIT Significantly Above Market View

Daimler Group EBIT, Mercedes-Benz Cars & Vans adjusted EBIT, Daimler Trucks & Buses Return on Sales adjusted, Daimler Trucks & Buses adjusted EBIT, Daimler Mobility adjusted EBIT and Daimler's Industrial Free Cash Flow for the second quarter of 2021 were all significantly above market expectations, German automaker Daimler AG (DDAIF.PK) said in a statement.

Daimler's preliminary group EBIT for the second-quarter was 5.19 billion euros compared to the consensus of 4.12 billion euros. Quarterly adjusted EBIT was 5.42 billion euros compared to consensus of 4.29 billion euros.

Mercedes-Benz Cars & Vans' quarterly adjusted EBIT was 3.60 billion euros compared to consensus of 3.07 billion euros.

Daimler Trucks & Buses' quarterly adjusted EBIT was 831 million euros compared to analysts estimation of 680 million euros.

Daimler Mobility's second-quarter adjusted EBIT was 930 million euros compared to consensus of 653 million euros.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Merck & Co., Inc., known as MSD outside the U.S. and Canada, has recalled one lot of intravenous antibiotic Cubicin (daptomycin for injection) 500 mg for the potential presence of particulate matter identified as glass particles, the U.S. Food and Drug Administration or FDA said in a statement. The National Restaurant Association or NRA shot out a letter to the U.S. Conference of Mayors suggesting that expanded outdoor dining is the need of the hour for the restaurant industry to sustain the winter. The NRA also warned that thousands of restaurants without this facility could close down very soon. The U.S. Food and Drug Administration is investigating a multistate outbreak of Salmonella Oranienburg infections linked to whole, fresh onions. The outbreak has resulted in 652 illnesses in consumers across the U.S. to date. The traceback investigation has identified Hailey, Idaho -based ProSource Inc., also known as ProSource Produce, LLC, as a source.
Follow RTT