Reviews Daimler quarter numbers: As high, sales and profit from Daimler could fail in Q3

15:45  12 october  2021
15:45  12 october  2021 Source:   handelsblatt.com

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On October 29, 2021 Daimler introduces the balance sheet for the third quarter. Find here the current quarterly figures, previous year's comparisons and sales forecasts.

Finden Sie hier die aktuellen Quartalszahlen von Daimler im Überblick. © DPA can be found here the current quarter numbers of Daimler at a glance.

The most important to the quarterly numbers of Daimler

Daimler achieved sales of 43.5 billion euros in Q2 2021. Analysts expect in Q3 with sales of around 38 billion euros - that would be about six percent less than in the previous year. The profit pro Share is estimated at about 2.20 euros in Q3.

When does Daimler publish the quarterly numbers to Q3 2021?

On Friday, October 29, 2021, Daimler will present the results of the third quarter. The financial report and the presentation are publicly available afterwards on the company's website.

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Forecast: How high will Daimler's sales and profit be in Q3 2021?

analysts assume that Daimler will record a slight decline in sales compared to Q3 2020 year-on-year compared to Q3 2020. Sales could be about 38 billion euros. In the same period of the previous year, the company reduced 40.3 billion euros. That would be a decline of about six percent.

The background: Remains the short range of semiconductors of the entire vehicle industry. So Daimler could deliver only 435,000 cars of the brand Mercedes-Benz and Smart from July to September - a minus of 30.5 percent compared to the same period of the previous year. As a result, the DAX company prioritized models with high contribution margins to boost the profit and to compensate for the lack of transactions.

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14 Analysts, according to the "Market Screen" platform, on average with a net result of 12.4 billion euros for the year 2021. In Q3, a stable consolidated result of 2.3 billion euros is expected - Daimler achieved a net profit of 2 in Q3 2020 2 billion euros.

Fact is: Despite the strong half-year balance and positive views of the company, the share is considered to be opportunity. No other share from the DAX is so low as the Daimler share . Here you can reach the current share price of Daimler .

What was the turnover of Daimler in the second quarter 2021?

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in Q2 2021 reduced 43.5 billion euros across all branches of services, increasing 44 percent year-on-year. In the second quarter of 2021, sales in the Auto- and Vans segment in the second quarter of 2021 rose by 49 percent to 28.152 billion euros.

What was the profit of Daimler in Q2 2021?

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of the car maker drove high profits in Q2: the profit before interest and taxes (EBIT) amounted to 5.2 billion euros. Thus, Daimler exceeded the expectations of the analysts. The latter counted on average with 4.1 billion euros.

With a return on sales of just twelve percent and net profit of 3.7 billion euros, Daimler Schloss the second quarter better than expected. In the same period of the previous year, the company still recorded a net loss of 1.9 billion euros in the course of the Corona Crisis.

Historical Quarterly Numbers by Daimler at a Glance

Quarter Sales (billion EUR)

net profit (billion EUR)

earnings per share (EUR) Q2 202143.53.73.36Q1 202141,04,44,01Q4 202046,63 , 63.26Q3 202040.32.21.92Q2 202030.2-1.9-1,87Q1 202037.20,170,09

Source: Company

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