Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax for the first quarter of 2009 versus a €1,976 million profit in the same period last year. The Group also recorded a net loss for the first quarter of the year of €1,286 million compared to a net profit of €1,332 million a year ago.
Tuesday, April 28, 2009
Daimler Posts €1,4 million Loss in First Quarter of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax for the first quarter of 2009 versus a €1,976 million profit in the same period last year. The Group also recorded a net loss for the first quarter of the year of €1,286 million compared to a net profit of €1,332 million a year ago.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment