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Daimler raises margin targets based on strong first quarter performance

Daimler raises margin targets based on strong first quarter performance
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Daimler raises margin targets based on strong first quarter performance

Daimler raises margin targets based on strong first quarter performance
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Investegate |Daimler AG Announcements | Daimler AG: Preliminary Q1 2021 results significantly above market expectations

DGAP-Ad-hoc: Daimler AG / Key word(s): Preliminary Results Daimler AG: Preliminary Q1 2021 results significantly above market expectations 16-Apr-2021 / 00:53 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Preliminary Q1 2021 results significantly above market expectations   Stuttgart, Germany - Favourable sales momentum at Mercedes-Benz Cars driven by all major regions, especially China, strongly supported the product mix and pricing in the first quarter 2021. Daimler was able to benefit from this development thanks to convincing product substance combined with significant fixed cost reductions.

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