Business

Automaker Daimler rebounds in Q4

By David McHugh
Published February 6, 2014 10:43am ET
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Automaker Daimler rebounds in Q4
FILE - In this Jan. 24, 2014 file photo an employee of the Daimler AG mounts the Mercedes star on the hood of a car of the Mercedes S-class at the production line in the Mercedes-Benz production site in Sindelfingen, Germany. Automaker Daimler AG finished 2013 strongly after a rough start to the year that included a profit warning. Net profit fell 36 percent to 1.68 billion euros (US dollar 2.27 billion), reflecting a one-time gain in the fourth quarter of 2012 of 709 million euros from the sale of a stake in aerospace company EADS. With the sale excluded, the company said Thursday, Feb. 6, 2014 that operating earnings jumped 45 percent to 2.53 billion from 1.74 billion. (AP Photo/dpa, Bernd Weissbrod, File) | Bernd Weissbrod

FRANKFURT, Germany (AP) — Automaker Daimler AG finished 2013 strongly after a rough start to the year that included a profit warning.

Fourth-quarter operating earnings jumped 45 percent to 2.53 billion euros ($3.41 billion) from 1.74 billion euros, excluding a one-time gain from the sale of a stake in aerospace company EADS, the company said Thursday.

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