Mercedes Brand Drives 15% Boost in Daimler's Q3 Profit

Newswire

  * Daimler Q3 adj EBIT 2.23 bln eur vs Rtrs poll 2.12 bln * Mercedes Q3 EBIT margin 7.3 pct vs Rtrs poll 6.9 pct * 2013 adj EBIT to fall 8 pct vs last year's 8.13 bln eur * Shares up 3.2 pct By Christiaan Hetzner FRANKFURT, Oct 24 (Reuters) - German automotive group Daimler lifted its fourth-quarter profit forecast after a rejuvenated model range and cost cuts in the core luxury car business helped it to post better than expected results on Thursday. While earnings ...

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