sector: Cyclical Consumer Goods & Services ·
industry: Auto & Truck Manufacturers ·
As of
24 Nov 2009
35.44EUR
Daimler AG is engaged in developing, manufacturing, distributing and selling a range of automotive products, mainly passenger cars, trucks, vans and buses. The Company also provides financial and other services relating to its automotive businesses. The Company operates in four business segments: Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, and Vans, Buses, Other. In Vans, Buses, Other segment, the Company reports the Mercedes-Benz Vans segment, the Daimler Buses business unit, and all other businesses and investments in businesses not allocated to one of the reportable business segments. The wholly owned subsidiaries of the Company are Daimler North America Corporation, DCFS USA, LLC and Mercedes-Benz do Brasil Ltda. The Company offer the automotive products and related financial services in Western Europe and in the North American Free Trade Area (NAFTA) region, which consists of the United States, Canada and Mexico.
BRIEF: For the nine months ended 30 September 2009, Daimler AG's revenue decreased 23% to EUR57.6B. Net loss from continuing operations totaled EUR2.29B, vs. a profit of EUR2.87B. Revenue reflects a decrease in demand for the Company's products and services in the Mercedes-Benz Cars, Daimler Trucks and Mercedez-Benz Vans business segments. Net loss from continuing operations reflects a decrease in other financial result.
Daimler AG
Mercedesstrasse 137
Stuttgart 70327
P: +49711.170
F: +49711.1722244