Daimler net cash to rise, Mercedes margin may drop

Newswire

STUTTGART, Germany, Feb 16 (Reuters) - Daimler expects its industrial net cash at the end of this year to be higher than the 11.9 billion euros ($16.10 billion) reported on Dec. 31, barring any portfolio changes in the group. "Industrial free cash flow will decline in 2011 versus last year, but it should still be enough that net liquidity is higher at the end of the year," Chief Financial Officer Bodo Uebber told Reuters on the sidelines of its annual news conference. Earlier he said ...

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