Daimler Q1 profit helped by China car demand

Newswire

* Daimler affirms 2011 outlook * Says still sees 2011 EBIT up significantly * Q1 revenues 24.73 bln euros, slightly above consensus * Q1 EBIT 2.03 bln euros vs poll avg 1.99 bln euros FRANKFURT, April 29 (Reuters) - Daimler posted stronger than expected first-quarter operating profit as its passenger car business was boosted by demand from emerging markets such as China. First-quarter earnings before interest and tax (EBIT) rose 71 percent to 2.03 billion euros ($3 billion), ...

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