Daimler forecasts strong Q4 results offsetting early 2020 setbacks

Daimler Trucks is likely to miss consensus estimates for sales and earnings when the German automaker’s parent reports results Feb. 18.

Daimler AG consists of Mercedes-Benz Cars & Vans, Daimler Trucks & Buses and Daimler Mobility. All three divisions contributed to improved industrial free cash flow through cost containment, cash preservation and strong fourth-quarter operating results, according to a forecast released Thursday.

All but the Truck & Bus division finished significantly above...

https://www.freightwaves.com/news/daimler-forecasts-strong-q4-results-offsetting-early-2020-setbacks

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