Autobauer: Mercedes macht nach schwachem Vorjahresquartal mehr Gewinn
Mercedes-Benz verzeichnet ein Gewinnplus im dritten Quartal. Die Sektkorken dürften in Stuttgart deshalb aber nicht knallen. Denn der Gewinn wird in diesem Jahr wohl weniger stark steigen als gedacht.
Mercedes-Benz reported a 28% increase in profit for the third quarter, with the group's earnings rising from €1.19 billion to approximately €1.52 billion, spanning July to September. However, the Bavarian automaker started from a low base, as higher one-off charges for workforce reductions impacted the results in the previous year.
Yet, the outlook has dimmed further: on Tuesday, Mercedes reduced its profit forecast for the current fiscal year, citing a more challenging environment in China and higher costs in the fourth quarter, including material expenses. Consequently, the group's profit before interest and taxes is expected to remain at the previous year's level rather than surpass it significantly.
The company's revenue decreased by 4.5%, falling from €32.15 billion to €30.7 billion. Mercedes achieved an operating profit (Ebit) of €1.77 billion, more than double the €750 million recorded a year earlier.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
