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Creative Global Investments > RESEARCH > Sector > Automotive > Daimler 4Q/FY09E preview

Daimler 4Q/FY09E preview

February 15, 2010Automotive, Daimler Mercedesadmin

We expect that Daimler which turned profitable again in 3Q09, will report further improvements in group profits at all levels in 4Q09E; a 18.5% qoq improvement in EBIT to EUR 557m/2.5% (from EUR 470m/2.4% in 3Q09), a 37% qoq increase in pre-tax profit to EUR 393m/1.8% and a net income of EUR 350m.

021510 CGI Daimler 4Q-FY09E preview

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