tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mercedes-Benz reports Q2 EPS EUR 0.95 vs. EUR 2.95 last year

Reports Q2 revenue EUR 33.2B vs EUR 36.7B last year. Free cash flow of the industrial business reached EUR 1.87B. Net liquidity reached EUR 30.8B. “We achieved robust financial results in the second quarter given the dynamic business environment. The best response is to stay on course to deliver desirable and intelligent products, while keeping a tight grip on costs. We’re adapting to new geopolitical realities by using our global production footprint intelligently and by executing our Next Level Performance programme, which goes beyond efficiency measures, to increase the resilience of our company,” said CEO Ola Kallenius.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Read More on MBGYY:

Disclaimer & DisclosureReport an Issue

1