Germany: Net profit plummets 65% at Daimler; revenue down 3.5% in 2008
By: David Isaiah, Tuesday, February 17, 2009, AutomotiveWorld.com
Net profit at Daimler fell sharply for financial year 2008, down to €1.4bn (US$1.77bn), compared with €4bn in fiscal 2007.The Group's EBIT declined from €8.71bn to €2.73bn mainly due to increa...
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Published on Tuesday, February 17, 2009
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