Mercedes-Benz reports Q2 EPS EUR 2.95 vs. EUR 3.34 last year

Reports revenue EUR 36.7B vs. EUR 38.2B last year. Reports Group Earnings Before Interest and Taxes of EUR 4B supported by operational efficiency and a focus on healthy sales of cars and vans in a challenging environment. “Thanks to our desirable passenger cars and vans, Mercedes-Benz achieved double-digit margins in a challenging environment. Going forward, we continue to invest in cutting-edge products while fostering our financial resilience. Sales and the model mix are expected to improve in the second half of the year, supported by further market launches of new models particularly in the Top-End segment,” said CEO Ola Kallenius.