16-07-2020 21:38 via uk.finance.yahoo.com

Daimler second quarter EBIT loss less than expected

Daimleron Thursday said it will post an operating loss of 1.68 billion euros in the second quarter, pre-releasing earnings following a better than expected market recovery, the carmaker said.Daimler's adjusted earnings before interest and taxes (EBIT) as well as the adjusted earnings before interest and taxes at its Mercedes-Benz Cars & Vans are above market expectations, the Stuttgart-based company said in a regulatory statement.Daimler said it expected an EBIT loss of 1.68 billion euros in
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