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Daimler reports 2020 Q1 results, hit by coronavirus
On April 29, Daimler AG announced 2020 1Q financial results.
For Q1, the Daimler Group posted revenue of EUR 37.2 billion (-6% year-on-year), EBIT of EUR 617 million (-78%), net profit of EUR 168 million (-92%).
Daimler’s total unit sales in Q1 2020 decreased 16.7% year-on-year to 664,316 vehicles. Mercedes-Benz Cars....
For Q1, the Daimler Group posted revenue of EUR 37.2 billion (-6% year-on-year), EBIT of EUR 617 million (-78%), net profit of EUR 168 million (-92%).
Daimler’s total unit sales in Q1 2020 decreased 16.7% year-on-year to 664,316 vehicles. Mercedes-Benz Cars....
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