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Cars Mercedes Published by J. Doe

Daimler reports third-quarter 2020 results

The adjusted cash conversion rate (ratio of cash flow to EBIT) for the Mercedes-Benz Cars & Vans division in 2020 is expected to be at 1 and for Daimler Trucks & Buses at 2. Daimler anticipates a significant increase of the free cash flow of the industrial business compared to the previous year.

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Oct 27, 2020 at 03:58

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