Mercedes-Benz Group AG Q3 net profit falls to €1.19 billion as sales drop 8%

Reuters
Oct 29
Mercedes-Benz Group AG Q3 net profit falls to €1.19 billion as sales drop 8%

Mercedes-Benz Group AG reported its financial results for the period ending September 30, 2025. The Group's net income attributable to shareholders was €1.2 billion for Q1-Q3 2025, compared to €1.7 billion in the same period of 2024. Earnings per share (basic and diluted) stood at €1.22, down from €1.81 in the previous year. The segment Mercedes-Benz Cars recorded an adjusted EBIT slightly below the previous year's level. Key factors impacting the adjusted EBIT included negative currency developments, increased customs expenses, lower results from the at-equity accounted Beijing Benz Automotive Co., Ltd., decreased contribution from the Chinese market, and a decline in sales. Cost efficiencies in purchasing and production, reduced distribution costs due to lower sales, and decreased research, development, and administration expenses supported earnings. At the beginning of the reporting period, cash and cash equivalents amounted to €14.5 billion. The Group's result before income taxes was €4.7 billion for Q1-Q3 2025, compared to €10.8 billion in the same period of 2024. In February 2025, the company presented its strategic direction for the coming years, focusing on financial strategy, planned product and technology initiatives, as well as broad measures for efficiency and cost optimization.

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