STUTTGART, Germany (Reuters) – German carmaker Daimler expects the latest strength inside the European single currency could cause an earnings hit of about 220 million euros ($ 270.8 million) this year, finance chief Bodo Uebber mentioned about Thursday. “Actually those headwinds are very manageable, because of the truth which you have absolutely hedged over 70 % of the dollar exposure for this year,” he told reporters. For upcoming year the business has absolutely built hedges equating to about a 3rd of its dollar exposure. …
Earnings News Headlines – Yahoo! News
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