German automotive giant Daimler posted strong quarterly figures on the back of soaring demand for its Mercedes cars and trucks.
Daimler said it made a second quarter operating profit of €2.1 billion, reversing a year-earlier loss of €1 billion.
The group also said its sales in the three months to June jumped to €25.1 billion from €19.6 billion a year earlier.
The results were especially driven by Mercedes-Benz Cars, Daimler's auto division, a statement said.
That unit posted sales of €14 billion and earnings before interest and taxes (EBIT) of €1.38 billion, owing to stronger demand, 'especially in China and the United States,' it said.
Other factors given were 'an advantageous product mix as well as better price penetration and positive exchange effects' as the euro declined in value against other major currencies.
Daimler Trucks, the world's leading maker of heavy vehicles, turned in a stronger performance as well.
