GERMANY: DaimlerChrysler's Q2 earnings surge, boosted by Chrysler unit
As expected, DaimlerChrysler has today posted healthy looking Q2 financial results. Net Income excluding one-time effects rose to $1.2 billion (Q2 2001: $0.5 billion) and Earnings per Share improved to $1.19 (Q2 2001: $0.52). Operating Profit excluding one-time effects increased to $1.9 billion (Q2 2001: $0.7 billion). DC has said it now expects 2002 adjusted operating profit to more than triple from last year's 1.35 billion euros ($1.36 billion).
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