Daimler sees lower sales due to coronavirus

Friday, 21. February 2020 11:36

German auto giant Daimler AG stated on Friday its sales, output and supply chain might be impacted by the continuous spread of coronavirus, as the latest figure showed that the number of people infected with COVID-19 virus jumped to 76,727, while death toll reached 2,247.

Earlier, Daimler reported its net profit in 2019 was down 64%, while it slashed its dividend to €0.90 per share, which is a drop from €3.25 a share in 2018.

Daimler's stock lost 1.52% selling for €43.100 at 11:35 am CET.

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Breaking the News / BJ