Okay. Thanks a lot.
Michael Muhlbaye
We''ll take the next question from Thierry Huon.
Thierry Huon - Exane
Hi, yes. Good afternoon, it''s Thierry Huon speaking from Exane. I have two questions, one is about the tone of your release today which seems to be a bit more cautious than the one we had last week when you released the preliminary figures. Is there anything new in this release compared to what you said last week? Because honestly, last week I thought that you were doing better than you thought and I''m not that sure today. So, if I could have some explanation that would be helpful. And the second question is about the truck. When you said that you expect lower hybrid in Q4 than in Q3, is this for the prior or after adjusting cost for restructuring?
Bodo Uebber
Thierry, your first question, I do think, of course, given today additional information, of course, through the disclosure, last week was only related to pure numbers of EBIT which, of course, were better than the market expected. So, we had this on the radar screen, of course. In this regard that hold Mercedes-Benz Cars on the one hand but also for trucks let''s say a less burden so to say in the third quarter. So, I can only confirm today that this, what was released last week is today the same.
Of course, we have given you additional information about some specifics, for example, the German protection association, the increase here; we have released the numbers which are included in the third quarter. You have again seen that we have impact in the third quarter from the interest side means the lower, the interests are, the higher the discounted net present value of long-term provisions are. And that impact negatively, for example, as the third that was the same as the second and first quarter so that amount of money we have disclosed to you as an impacts here. So, I can only say that the same we have seen right now.
I do think most importantly was also not only but also the cash flow development which were better than we also internally expected with our disclosure now -- I think for the first quarter that we are negative. All in all, I do think it''s the disclosure of what we have done last statement and now, of course, we can add the outlook of course which I do not want to comment if you have special question to the outlook then please raise it.
The Q4 outlook for Trucks is as we have said. Regional mix will change definitely. We will see some lower sales in Europe. We will see higher sales in Asia and, of course, due to the profitability in these different markets we will see a decrease in the ongoing operating profit.
In Q4, roughly as a special reporting item as we call it to further measures for the restructuring programs it''s roughly between 80 million and 100 million Euro which we will see as an impact in the fourth quarter from both positioning programs.
Thierry Huon - Exane
So, for the fourth quarter it would be between 80 million and 100 million?
Bodo Uebber
Roughly.
Thierry Huon - Exane
Okay. And very last question if I may, when did you include here U.S. Army orders in your order book for the truck in the U.S.?
Bodo Uebber
This is a good question. Are they included in the third quarter? In the third quarter, I get now the confirmation; they are included in the third quarter.
Thierry Huon - Exane
|
