One of the largest German automakers remains the world leader in the production of buses. The high demand was mostly caused by the growth in passenger traffic on intercity lines. The sales volume of Daimler Buses has risen by 3%, which has increased the company’s profit up to 214 million euros. The further increase in Daimler’s revenues will certainly have a positive impact on the company's shares.
The positive news has immediately affected the Daimler shares, which have risen by 1.38% and still continue to grow. Traders will have a great opportunity to earn money on a further increase. Remember, that trading will be available during the European session, from 8:15 to 16:30 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.