OREANDA-NEWS. Daimler AG achieved a free cash flow in its industrial business of approximately EUR 5.4 billion in the third quarter of 2014 (Q3 2013: approximately EUR 1.6 billion). Excluding the effects of acquisitions and disposals, the free cash flow of the industrial business amounted to approximately EUR 2.9 billion in the third quarter (Q3 2013: approximately EUR 1.6 billon).

The divisions posted the following earnings before interest and taxes (EBIT) from the ongoing business in the third quarter:
* Mercedes-Bens Cars EUR 1,614 million (Q3 2013: EUR 1,251 million)
* Daimler Trucks EUR 618 million (Q3 2013: EUR 530 million)
* Mercedes-Benz Vans EUR 176 million (Q3 2013: EUR 152 million)
* Daimler Buses EUR 64 million (Q3 2013: EUR 61 million)
* Daimler Financial Services EUR 355 million (Q3 2013: EUR 322 million)

Daimler is reviewing its guidance for the free cash flow of its industrial business excluding the effects of acquisitions and disposals for full-year 2014. Hitherto, Daimler had assumed that the free cash flow of the industrial business adjusted for the effects of acquisitions and disposals would probably be significantly lower in 2014 than in the previous year.

The individual divisions continue to aim for the following EBIT from the ongoing business in full-year 2014:
* Mercedes-Benz Cars: significantly above the prior-year level,
* Daimler Trucks: significantly above the prior-year level,
* Mercedes-Benz Vans: at the prior-year level,
* Daimler Buses: significantly above the prior-year level, and
* Daimler Financial Services: slightly above the prior-year level.

Daimler will publish further details of its business development in the third quarter of 2014 on October 23, 2014.