Mercedes-Benz Group AG

MBG: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Mercedes-Benz Earnings: Restructuring Benefits Already Being Revealed; New Share Buyback Launched

Rella Suskin

Oct 29, 2025

Mercedes' car division reported revenue and adjusted EBIT decline of negative 7% and negative 6%, respectively, and a return on sales of 4.8%, a slight improvement on 2025. A stronger product mix offset a decline in volume of 12%. Cost savings offset US tariffs and negative foreign-exchange effects.

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Mercedes-Benz Group AG

Mercedes-Benz Earnings: Restructuring Benefits Already Being Revealed; New Share Buyback Launched

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