Automotive News Home - Daimler AG's Third-Quarter Cash Flow Better Than Expected

Daimler AG's Third-Quarter Cash Flow Better Than Expected

October 19, 2009

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:

(read more)