I don’t know about you, but nothing gets me hotter on a Monday morning than reading some juicy third-quarter cash flow figures. Daimler’s are in, and according to the company, cash flow and earnings are both better than expected. In total, Group revenue amounted to ?19.3 billion, while Group EBIT amounted to ?470 million. Furthermore, the industrial business generated a free cash flow of ?2.3 billion in the first nine months of this year (Q3 2009: ?2.0 billion).
Individually, Daimler’s various divisions noted EBIT as follows:
Learn more:
- Daimler Returns To Profitability In Third Quarter 2009 And Anticipates Positive Earnings Through End Of 2009
- After returning to profitability in the third quarter of 2009, Daimler AG (stock-exchange abbreviation DAI) anticipates positive EBIT from its ongoing business also in the fourth quarter. However, general...
- Nissan, Fed Ex ask gov for $124 billion for plug-ins
- The Nissan Leaf electric vehicleA group calling itself the Electrification Coalition, led by Nissan and Federal Express, is asking for the government to spend $128 billion over 8 years to...