Daimler's revenue down to €40.1 billion in Q3

Friday, 29. October 2021 07:01

Daimler AG unveiled on Friday that its revenue in the third quarter amounted to €40.1billion after a slight slide from the figure of €40.2 observed in the third trimester of 2020.

Net profit climbed to €2.6 billion, after a 19% rise on an annual level, and EBIT reached €3.57 billion. The automaker added its sales tumbled 25% to land at 577,848.

"We remain on track to meet our full-year targets thanks to a more robust business – resulting in an EBIT increase despite a challenging environment," Daimler CFO Harald Wilhelm commented.

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Baha Breaking the News (BBN) / BU