Mercedes-Benz Reports Lower Q1 Profit but Maintains Full-Year Outlook
Mercedes-Benz Group reported a 16.8% decline in Q1 2026 EBIT to €1.90bn and a 17.2% drop in net profit to €1.43bn, despite maintaining its full-year guidance. Revenue fell 4.9% year-on-year to €31.60bn, with challenges from competition and geopolitical factors, though new product demand and cost control are expected to drive second-half momentum.
Topics: China Market Earnings Before Interest and Taxes Electric Vehicle Sales Geopolitical Headwinds Market Competition Product Transition Q1 Profit Revenue Decline