HALISTER: Daimler 1Q Profit Beats, Rev. Misses; Guidance Reiterated

Daimler 1Q Profit Beats, Rev. Misses; Guidance Reiterated

(Bloomberg) -- Daimler 1Q Ebit from ongoing business EU2.68b, est. EU2.60b. Yr ago EU2.93b.
  • Rev. EU35b, est. EU36.2b. Yr ago EU34.2b
  • Outlook: Reiterates forecast for slight growth in group Ebit, significant growth in unit sales
  • NOTE: Co. in Feb. forecast slight growth in 2016 revenue, Mercedes cars profit; truck profit at prior year’s level; ‘significant’ growth in total unit sales
  • Webcast 8am for journalists, 2pm for investors.
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  • Earlier: Daimler: U.S. DOJ Requests Internal Investigation on Emissions
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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