Mercedes-Benz Group AG Reports Q2 GAAP EPS of €1.14 and Revenue of €32.06B
Mercedes-Benz Group AG reported second-quarter earnings per share (EPS) under GAAP at €1.14, with revenue totaling €32.06 billion—a 3.3% decline year-over-year. Despite the drop in overall revenue, the company reaffirmed its full-year outlook and highlighted strong performance from Mercedes-Benz Cars' adjusted return on sales of 4.0%, which remains within guidance. The automaker noted significant growth in battery electric vehicle (BEV) sales for Mercedes-Benz Cars, with a year-on-year increase of 51%. This includes an impressive rise of 87% in Europe, signaling strong momentum from its product launch strategy and growing consumer adoption of electric vehicles.
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