Ok. I’m confused. These two reports, filled one minute apart by 2 different news agencies, cast 2 different lights on (presumably) the same report. Did Daimler do well or poorly?

DaimlerChrysler Beats 2003 Profit Target: “FRANKFURT (Reuters) – Germany’s DaimlerChrysler posted a 2003 operating profit excluding one-off items of 5.1 billion euros ($6.4 billion), topping its full year target of about five billion euros.”

DaimlerChrysler reports fall in net profit for 2003 from year before: “FRANKFURT, Germany (AP) — Automaker DaimlerChrysler said Wednesday that net profit for 2003 fell to euro448 million (US$564 million) from euro4.7 billion the year before, with the turnaround at its troubled U.S. Chrysler division and a one-time financial adjustment weighing on the bottom line.”

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.