Research (J&T BANKA)
World markets  |  October 25, 2012 09:11:14

Results for 3Q Daimler smíčené, but profit over sales below estimates


Daimler sales in 3Q12 amounted to EUR 28.6 billion (+8% y / y), which was above expectations of 26.7 billion, but due to declining margins recorded a yoy decline in profit to EUR 1,205 million (-11% y / y) and thus did not fulfill expectations. Company in response to the decline in profit declined goal for this year's operating profit: that should reach about 8 billion for the full year 2012 and to be below the previous year (8.8 billion). CEO Zetsche mentioned that the company is preparing for worsening market conditions.

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Výsledky Daimleru za 3Q smíčené, tržby nad ale zisk pod odhady

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