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Company News

Daimler posts forecast-beating third-quarter results as recovery takes hold

FRANKFURT (Reuters) - Carmaker Daimler DAIGn.DE on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong business in September.

Third-quarter earnings before interest and tax reached 3.07 billion euros ($3.59 billion), Daimler said, beating the 2.14 billion Refinitiv forecast.

Reporting by Christoph Steitz; Editing by Chris Reese

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