daimler nearly doubles q1 profit to 175b
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Daimler nearly doubles Q1 profit to $1.75b

Arab Today, arab today

Arab Today, arab today Daimler nearly doubles Q1 profit to $1.75b

FRANKFURT - AFP

German luxury carmaker Daimler, which owns Mercedes-Benz, said Friday that its first-quarter net profit nearly doubled, underpinning a positive outlook for 2011 as a whole. Daimler said its net profit jumped to 1.18 billion euros ($1.75 billion) in the three months from January through March from 612 million euros in the same period of 2010. Sales gained 16.5 % to 24.7 billion euros, a statement added. As has been the case with rival German makers of premium automobiles, Daimler reiterated upbeat guidance for the rest of the year, forecasting core earnings before interest and taxes \"to be significantly higher than in 2010.\" First quarter Ebit soared by 71 % on the year to 2.031 billion euros, the company said. \"We achieved excellent earnings in the first quarter. This puts us well ahead of our planning and confirms our positive outlook for the year 2011,\" chairman Dieter Zetsche added. All major regions and all divisions, from Mercedes-Benz Cars to Daimler Trucks, Mercedes-Benz Vans and Daimler Financial Services, contributed to the strong results. The group reported spending of 49 million euros at Daimler Trucks, the world\'s leading heavy truck maker, in connection with the earthquake and tsunami in Japan, along with 29 million euros at Daimler Financial Services. Mitsubishi Fuso, a Daimler Truck unit, is based in Japan.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

daimler nearly doubles q1 profit to 175b daimler nearly doubles q1 profit to 175b

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

daimler nearly doubles q1 profit to 175b daimler nearly doubles q1 profit to 175b

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday