Aabar Investments' stake in Daimler paid off handsomely yesterday as the German car maker reported a dramatic rise in second-quarter profit.
'We now assume that [full-year profit] will develop more positively than we previously expected and will very significantly exceed the level of 2010,' said Dieter Zetsche, the chief executive of Daimler.
The company reported a second-quarter profit of €1.7 billion (Dh9.03bn), a 30 per cent increase on the same period last year.
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