Daimler profit fell by a third 2016-04-25 10:04:25

The famous German automaker has released its report for the 1st quarter of 2016. The company's net profit fell by 32%, despite the positive sales volume of such brands as Mercedes-Benz. Such negative result was influenced by high tax payments, the reduction in product demand and free cash turnover. Daimler is hoping, that the demand for their cars will increase in the chinese market.

The negative report has affected the Daimler shares, which have dropped by 5.12% and still continue to decline. Traders have a great opportunity to earn money on the asset's further fall. Remember, that trading will be available during the European session, from 8:15 to 16:30 GMT time.

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