11 apr. 2017 / Daimler AG has achieved a Group EBIT for the first quarter 2017 that is significantly above market expectations. Group EBIT sums up to €4,008 million (Q1 2016: €2,148 million). All mentioned figures are preliminary and unaudited.
The EBIT figures reached:
Impact of following earnings effects are included in the above mentioned EBIT and RoS figures for the first quarter 2017:
- Positive Valuation effect in connection with new partners/investors in HERE €183 million
- Gain from the sale of real estate at MFTBC (Mitsubishi Fuso Truck and Bus Corporation) €267 million
- Reversal of impairment of investment in BAIC Motor €240 million
EBIT is defined as: earnings before income taxes minus interest income plus interest expenses plus amortization of capitalized borrowing costs. Return on Sales (RoS) is defined as the quotient of EBIT and revenue.