Frankfurt - The German carmaker Daimler reported Wednesday a 12% rise in second-quarter profit thanks to strong demand for its luxury Mercedes-Benz cars.
Earnings before interest and taxes climbed to €2.46bn during the quarter from €2.19bn in the same period last year, the Stuttgart-based company said.
"Our strategy is bearing fruit," Daimler chief Dieter Zetsche said. "Supported by our product offensive and the successful continuation of our efficiency programs, we look to the future with optimism."
The group's flagship Mercedes-Benz division reported a 35% year-on-year rise in second-quarter earnings before interest and taxes to €1.41bn.
Group revenue for the latest quarter grew 6% to €31.5bn, Daimler said.
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