“Our third-quarter results are in line with our full-year guidance. Our biggest product and tech launch
program is well on track: The new CLA and GLC mark the beginning of a series of new models across all
segments and drive trains, tailored to specific market and customer needs. We remain focused on
enhancing customer experience while driving efficiency across our company.”
Ola Kaellenius, Chief Executive Officer of Mercedes-Benz Group AG
Mercedes-Benz Group AG (ticker symbol: MBG) posted third-quarter financial results in line with its full-year
guidance. The adjusted Group EBIT reached €2,099 mn in the third quarter (Q3 2024: €2,537 mn) mainly
influenced by lower sales volume, increased expenses due to tariffs and negative development of foreign
exchange rates. Group EBIT adjustments in the quarter amounted to €1,349 mn, mainly in connection with the
workforce adjustment programme in Germany and optimization programmes abroad (€876 mn).
All three business units achieved EBIT margins in line with expectations. Furthermore, the company generated
a robust free cash flow of the industrial business of €1.4 bn in the quarter (Q3 2024: €2.4 bn) and €5.6 bn in
the first nine months (Q1-Q3 2024: €6.3 bn). Net liquidity reached €32.3 bn end of Q3 2025 (end of Q3 2024:
€28.2 bn). In accordance with its capital allocation policy, Mercedes-Benz plans to commence the share
repurchase program, which was approved earlier this year and authorized by the Annual General Meeting. Over
a period of up to 12 months, shares worth up to €2 billion are to be repurchased.
