Daimler Q1 revenue rises 10% to €41.02 billion

Freitag, 23. April 2021 07:11

Daimler AG reported its first-quarter earnings results on Friday, saying that the company's revenue annually jumped by 10% to reach €41.02 billion, with the number of units sold surging 13% to 728,609. The revenue slightly missed market estimates.

The carmaker revealed a net profit of an outstanding €4.37 billion in the trimester ending March 31, while the earnings per share skyrocketed to €4.01.

Commenting on the outlook, Daimler noted that "worldwide demand for cars is expected to continue developing favorably this year and significant growth in market volume is expected for 2021." However, the manufacturer of Mercedes-Benz cars warned chip shortages might further impact sales in the second quarter of the year.

Povezani linkovi: Daimler AG
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