{"id":7522,"date":"2018-04-27T02:02:36","date_gmt":"2018-04-27T06:02:36","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=aef29fe4c49b0c527535da2b52870417"},"modified":"2018-04-27T02:02:36","modified_gmt":"2018-04-27T06:02:36","slug":"daimler-earnings-slip-on-one-time-factors-sales-edge-higher","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/27\/daimler-earnings-slip-on-one-time-factors-sales-edge-higher\/","title":{"rendered":"Daimler earnings slip on one-time factors, sales edge higher"},"content":{"rendered":"<p>FRANKFURT &#8212; Daimler AG, maker of Mercedes-Benz luxury cars, saw its first-quarter net profit fall 11 per cent from the same quarter a year ago, when the company had one-time gains from the sale of real estate and from financial factors.<\/p>\n<p>The Stuttgart-based automaker said Friday that profits also slipped at its van and bus businesses.<\/p>\n<p>For the group as a whole net profit was 2.35 billion euros ($2.85 billion), down from 2.65 billion euros in the year-ago quarter, when the company&#8217;s Mitsubishi Fuso truck business sold real estate worth 267 million euros. It also booked a gain from the revaluation of the company&#8217;s stake in Chinese partner BAIC Motor Corporation.<\/p>\n<p>Revenue increased 3 per cent to 39.78 billion euros ($48.2 billion) and the Mercedes division&#8217;s profit rose 3 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT &mdash; Daimler AG, maker of Mercedes-Benz luxury cars, saw its first-quarter net profit fall 11 per cent from the same quarter a year ago, when the company had one-time gains from the sale of real estate and from financial factors. The Stuttgart-based automaker said Friday that profits also slipped at its van and bus [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7522"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7522"}],"version-history":[{"count":2,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7522\/revisions"}],"predecessor-version":[{"id":7534,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7522\/revisions\/7534"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}