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Daimler Q4 earnings dip 29 percent on anti-trust set-aside

2015-02-05 10:10:29| Automakers - Topix.net

German car and truck maker Daimler AG says net profit fell 29 percent in the fourth quarter as the company set aside 600 million euros for potential costs from a European Union anti-trust investigation of truck makers. Net profit for the October to December quarter fell to 1.187 billion euros from 1.676 billion in the year-earlier quarter.

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