BERLIN—Daimler AG, the German automotive group, reported higher
revenue and profit in the second quarter and confirmed the
company's outlook for the full year.
Group revenue rose 19% in the three months to the end of June to
€37.5 billion ($41 billion) and net profit rose 8% to €2.4
billion.
"We achieved the targeted margin for Mercedes-Benz Cars in the
first half of the year. In all other automotive divisions, we are
about to achieve our margin targets," said Dieter Zetsche, chairman
of the Board of Management of Daimler.
The increase in sales and earnings was driven by strong growth
in Western Europe, China and the U.S.
Daimler confirmed its outlook for the full year, saying it
expects significant growth in sales, revenue and profit.
Write to William Boston at william.boston@wsj.com
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