Daimler 2Q Earnings Rise 12%, Beating Estimates

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

July 23 (Bloomberg) –- Bloomberg’s Caroline Hyde reports earnings for Daimler, the world’s third-largest maker of luxury vehicles, which reported a 12% increase in second-quarter profit. She speaks to Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Mercedes-benz beating in terms of beating.

Coming in more than 9% expected coming in at 2.4 6 billion euro.

Margin of profitability improving also up 7.9% earnings versus the overall revenue for the mercedes brand.

Clearly this is the company pushing out new models.

Inc.

Of the new s -- thnkink of the new s sedan.

The c class will be adding to the realm of luxury vehicles.

Big targets by daimler.

Behind the likes of bmw and audi, made by volkswagen.

They aim to steal back the number one place by the end of the decade and also generate, in terms of earnings, the margin from revenue some 10%. they want earnings and profitability to be 10% of the revenue.

7.9%, it looks as though they are well on their way.

2014, sales improve into going to increase significantly.

Bit of a beat with earnings and sales in line.

What is the old lady of

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change