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DMLRY Mercedes Benz Group AG (PK)

14.32
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:DMLRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.32 14.00 14.45 0.00 01:00:00

Daimler Board Calls on Managers to Realize Billions in Savings -Stuttgarter Nachrichten

23/09/2019 11:05am

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Mercedes Benz (PK) (USOTC:DMLRY)
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-- Daimler's executive board is dissatisfied with the car maker's earnings and financial position and demands efforts to compensate for billions of euros in headwinds in a letter to managers, German daily Stuttgarter Nachrichten reports.

--The executives expressed the "expectation" for managers to compensate for short-term headwinds of at least EUR4.2 billion, a figure that equates to the one-offs that hit earnings in the second quarter, according to the report.

 

Full story in German: https://bit.ly/2kqE0m6

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

September 23, 2019 05:50 ET (09:50 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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