Daimler posts forecast-beating third-quarter results as recovery takes hold

In this news, we discuss the Daimler posts forecast-beating third-quarter results as recovery takes hold.

FRANKFURT (Reuters) – Carmaker Daimler DAIGn.DE on Thursday reported better-than-expected third-quarter results on Thursday, citing a faster-than-expected market recovery and solid business in September.

Third-quarter earnings before interest and taxes reached 3.07 billion euros ($ 3.59 billion), Daimler said, beating Refinitiv’s $ 2.14 billion forecast.

Reporting by Christoph Steitz; Editing by Chris Reese

Original © Thomson Reuters

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