Daimler's Q2 revenue tops estimates

Mittwoch, 21. Juli 2021 07:07

Daimler said on Wednesday that its revenue in the second quarter amounted to €43.5billion, climbing 44% year on year and topping market estimates.

Net profit soared to €3.7 billion, compared to a net loss of €1.9 reported in the same quarter a year earlier and EBIT stood at €5.2 billion. The automaker added its sales jumped 36% to 736,400 units.

"We achieved a strong performance across all divisions in the second quarter. At Mercedes-Benz Cars and Vans, we posted double-digit margins for the third quarter in a row and thus demonstrated the resilience of our business - despite the persistently low availability of semiconductors," Chairman Ola Kaellenius stated.

Related Links: Daimler AG
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