Mercedes Benz Group AG (MBGAF)

[johnsyn]

Daimler AG beats by EUR0.02; beats on revs

2:47 AM 7/25/2012 - Briefing.com
Reports Q2 (Jun) GAAP EPS of EUR1.34 vs EUR1.32 CIQ est; revs increased 10% YoY to EUR28.9 bln vs EUR28.0 bln CIQ est. said: Co provides its Outlook. On the basis of the divisions' planning, Daimler expects its total unit sales in the year 2012 to be higher than the figure of 2.1 mln vehicles achieved in the year 2011. Mercedes-Benz Cars assumes that it will further increase its unit sales this year and will grow faster than the market as a whole. Unit sales in each of the remaining quarters of 2012 are expected to be higher than in the respective prior-year periods. Following the significant growth of the year 2011, the Daimler Group assumes that its total revenue will increase again in the year 2012. In regional terms, above-average growth rates are expected in the emerging markets and in North America. ""...economic uncertainty and risks exist in nearly all regions."