FRANKFURT, July 24 (Reuters) - German automaker DaimlerChrysler said on Thursday second-quarter operating profit slumped 62 percent to 641 million euros ($736 million), hit by a deep loss at its U.S. Chrysler arm. The company, which issued a shock profit warning last month, said it still aimed to post an operating profit of about five billion euros for the full year. The fall in quarterly profit was less than analysts were expecting.
It also said risks remained for Chrysler but it was still striving to make a small operating profit at the unit this year.
A Reuters poll of 30 analysts put second-quarter operating profit for the group at 288 million euros, a drop of about 83 percent from a year ago.
The group cut its full-year revenues target to 135 billion euros from an earlier goal of 145 billion euros, citing falling unit sales and the strengthening of the euro against the dollar.