Mercedes-Benz posted a smaller profit drop than expected as China sales collapsed 27%
Mercedes-Benz posted a smaller profit drop than expected as China sales collapsed 27%
The German automaker's carmaking margin fell to 4.1% from 7.3% a year earlier, but the decline was less steep than analysts had forecast
KIRILL KUDRYAVTSEV / Getty Images
Mercedes-Benz reported earnings before interest and taxes of €1.9 billion ($2.23 billion) in the first quarter of 2026, a 17% decline from the same period a year earlier. The drop was smaller than the 29% fall analysts polled by Visible Alpha had projected, according to Reuters.
Revenue fell 4.9% on the year to €31.60 billion, the company said. The carmaking unit's adjusted operating margin compressed to 4.1%, down from 7.3% in the prior-year period, a result that nonetheless came in within the company's full-year guidance range of 3% to 5%.
Sales fell........
